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Nintendo rebounds with 2nd quarter $131 million gain

Nintendo looks to be on an upward trend again, with Wii U sales starting to pick up and a strong first-party software lineup carrying the company forward.

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There hasn't been a lot of good news for Nintendo over the past couple of years, with the company reporting a $97 million loss as recently as July. But the house that Mario built is nothing if not resilient and the company seems to be on an upward trend again.

Nintendo's second-quarter financial results reveal a gain of $14.3 billion yen, which equals roughly $131.7 million American. It's far above what analysts were predicting, as they expected the company to report a multi-billion-yen loss.

Nintendo credits the surge to Super Smash Bros. for 3DS, which has sold over 3.2 million units worldwide in just under a month since its release. Tomodachi Life has also proven a surprising success for the 3DS, though the hardware itself has seen sales dip significantly. Sales number have fallen to 1.27 million from 2.49 million units a year ago, a number Nintendo hopes to pick up with the upcoming release of Pokemon Omaga Ruby and Alpha Sapphire.

With a positive sales report comes positive news for Wii U, which has seen its sales double over last year. Nintendo has sold 1.1 million consoles on the strength of Mario Kart 8 and Hyrule Warriors, a trend the company hopes to see continue with the release of Super Smash Bros. for Wii U in late November.

Senior Editor

Ozzie has been playing video games since picking up his first NES controller at age 5. He has been into games ever since, only briefly stepping away during his college years. But he was pulled back in after spending years in QA circles for both THQ and Activision, mostly spending time helping to push forward the Guitar Hero series at its peak. Ozzie has become a big fan of platformers, puzzle games, shooters, and RPGs, just to name a few genres, but he’s also a huge sucker for anything with a good, compelling narrative behind it. Because what are video games if you can't enjoy a good story with a fresh Cherry Coke?

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