Nintendo Posts Q1 Results: Game News

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Nintendo Posts Q1 Results

July 28, 2005

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Nintendo has released their first quarter results for the three months ending June 30, 2005. The company made an overall profit of approximately 3.754 billion yen, down 78.5% compared to last year at this time, when they posted a profit of 17.467 billion yen over the same period. The decrease compared to last year is largely blamed on lagging console hardware / software sales, as well as continued runoff from the launch of the DS at the end of 2004.

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The company also posted a variety of sales figures for their various products. In the last quarter, Nintendo sold 980,000 Gameboy Advance systems, making for a total of just under 68 million units sold of the GBA over its lifetime. In terms of Nintendo DS sales, the handheld sold approximately 1.38 million units in the last quarter, bringing total life-time sales of the DS to 6.65 million units. The Gamecube, however, sold 260,000 units last quarter, bringing life-time sales of the console to18.76 million units.