Nintendo Profits Fall 9.4%

The Wii and DS have completely flattened the competition, making Nintendo seem unassailable. Executives within the company may well be shifting in their swan feather – stuffed swivelling chairs uneasily now however, as they have recently had to admit a fall in profits of almost 10%.

Net profit for the company was down 9.4% between April and December last year, to ‘only’ £1.3bn. Were it not for the healthy profit Nintendo makes on hardware sales, things could have been much worse.

Inevitably, this has led to declarations that Nintendo must bring out a new console before the company implodes. Analyst Yuki Nakayasu was quoted as saying: “Nintendo had better come out with a new console or else it may lose its position”.

Spotted on the BBC.

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Written by Luke K

Luke plays lots of videogames, now and again stopping to write about them. He's the editor in chief at Critical Gamer, which fools him into thinking his life has some kind of value. Chances are, if you pick up a copy of the latest Official PlayStation Magazine or GamesMaster, you'll find something he's written in there. Luke doesn't have a short temper. If you suggest otherwise, he will punch you in the face.

4 comments

  1. A new system for Nintendo is a must at this point I think, but how likely? The DSi was a weak upgrade on the DS, let’s hope the Wii update whatever it is not be so, I hate to say it, kiddy!!!

    I love the pic; if you got rid of the mullet and duck tales poster, it could be me in the 80’s.

    • KrazyFace /

      That pic is ACE! Remember that word? ACE!

      I think if Ninty focused more on quality for their Wii rather than quantity, they’d be in a much better position. Ironically, in the day of that there picture, Nintendo had a ‘Seal of Quality’ on it’s games.

      I DEMAND THE RETURN OF THE SEAL!!!!

  2. KrazyFace /

    Sorry to double post here, but I just gotta say; it looks like he’s going “hey, my thumb has a blister!”

    Does anyone else remember getting ‘Nintendo Thumbs’?

  3. Yes, Nintendo thumbs. I also remember huge chunks of skin missing from the inner part of my trigger finger from playing House of the Dead games.

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