Nintendo Q1 2010 Report: In The Red, Sales Down 25.6%

Nintendo’s shown big drops in both profit and sales for the period ending June 30, with the company making a loss for the period.

Sales were down 25.6 percent for the quarter, dropped to ¥188.6 billion from ¥253.5 billion in the same period last year.

Operating income dropped 42.2 percent, down to ¥23.3 billion from ¥40.4 billion in the previous year. The company was actually in loss for the quarter, with net income minus ¥25.2 billion yen compared to a profit of ¥42.3 billion yen last year, a drop of 60.6 percent.

Wii the Invincible; DS, not so much

Wii hardware sales stood at 3.04 million units, up from the 2.23 million sold in the first quarter of FY ‘09, a rise of 36.6 percent

Wii software dropped, however, down to 28.17 million copies in the period from 31.07 million last year. That’s a fall of 9.3 percent.

DS hardware sold 3.15 million units in the quarter down from 5.7 million in the same period last year, a slide of 44.7 percent.

DS software managed 22.42 million sales, down from 29.09 million in Q1 ‘09, a decrease of 22.9 percent.

Super software

Despite general woes, Nintendo saw some huge sales from its top software line-up, as seen below:

* Super Mario Galaxy 2 – 4.09 million.
* Wii Sports Resort – 3.02 million
* Wii Sports – 2.73 million
* Wii Fit Plus – 1.87 million
* New Super Mario Bros. Wii – 1.1 million

Source, VG247

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Written By on July 29th, 2010 Categories: Hardware News, Industry News, News, Wii Tags:

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