Nintendo sales soar

Townsville Bulletin - - NEWS -

JA­PANESE video game gi­ant Nintendo says it swung to a $ US67 mil­lion ($ A91.32 mil­lion) net profit in the three months to June, ow­ing to a jump in con­sole sales and a weaker yen. The com­pany, whose chief ex­ec­u­tive Sa­toru Iwata died of can­cer at the age of 55 this month, said its Y8.28 bil­lion ($ A91.34 mil­lion) net profit re­versed a loss of Y9.92 bil­lion a year ear­lier. It said it was still on track to book a net profit of Y35 bil­lion on sales of Y570 bil­lion in the year to March 2016. Rev­enue in the latest quar­ter jumped 21 per cent to Y90.22 bil­lion, as the com­pany’s new line- up of 3DS por­ta­ble con­soles “con­tin­ued to ex­pand their sales”.

Newspapers in English

Newspapers from Australia

© PressReader. All rights reserved.