Nintendo profitable for the first time since 2011

Nintendo overnight published its results for the 2014 Japanese financial year, revealing its first annual profit since 2011. The Japanese videogame manufacturer disclosed a profit of USD$207 million off the back of net sales totalling USD$4.6 billion. 

Nintendo overnight published its results for the 2014 Japanese financial year, revealing its first annual profit since 2011. The Japanese videogame manufacturer disclosed a profit of USD$207 million off the back of net sales totalling USD$4.6 billion. 

While 3DS and Wii U hardware sales didn't quite meet Nintendo's expectations, the company enjoyed strong sales from titles such as Pokémon Omega Ruby / Alpha Sapphire, Super Smash Bros. for 3DS, Super Smash Bros. for Wii UMario Kart 8, and The Legend of Zelda: Majora's Mask.

Looking forward, Nintendo said it will continue to grow its successful Amiibo toy-line, further monetise blockbuster titles such as Mario Kart 8 through additional downloadable content, and garner additional revenue from upcoming titles designed for smartphones and tablets. The company hopes this will result in a profit of USD$419 million for the current financial year.

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