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Forums - Nintendo Discussion - Nintendo made profit of $920m in FY2016.

-Doble post-



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Goodnightmoon said:
Lawlight said:

The difference is that Sony's gaming division is profitable without the need of one-off sale. And they haven't even diversified to mobile yet, though I wouldn't count that as part of gaming.

Lame excuses as always, specially knowing that Nintendo has been profitable always except for one single year and always using their games as main moneymaker while Sony had many years with red numbers.



Oh, and making games for mobiles is part of gaming, you can say whatever you want about it, it doesn't change reality.


I wish someone would update this chart. Not that it would change anything about your point, Im just curious to see 2012-2016.



KLXVER said:

I wish someone would update this chart. Not that it would change anything about your point, Im just curious to see 2012-2016.

I think there is only 1 year in red for Nintendo in that period



Goodnightmoon said:
KLXVER said:

I wish someone would update this chart. Not that it would change anything about your point, Im just curious to see 2012-2016.

There is only 1 year in red for Nintendo in that period

Thats fair enough, but I just was interested to see what all 3 did in that period. Not enough to make me search for it though.lol



KLXVER said:
Goodnightmoon said:

There is only 1 year in red for Nintendo in that period

Thats fair enough, but I just was interested to see what all 3 did in that period. Not enough to make me search for it though.lol

I didn't found a complete one and I wasn't gonna spend more than 1 minute searching



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Lawlight said:
Pavolink said:

Of course no. Just like Sony can't sell all of their buildings.

 

 

Anything made more money than the ps3.

The difference is that Sony's gaming division is profitable without the need of one-off sale. And they haven't even diversified to mobile yet, though I wouldn't count that as part of gaming.

That's not difference, Nintendo gaming division is also profitable without the need of one-off sale, but of course it's better to have bigger profit in any case. Also difference is that Nintendo made clear and huge profit with selling Seattle Mariners baseball team, they bought them for $125 and they sold them for $660 while they keeped 10% stocks, purchasing on 1st place was investment for Nintendo, while Sony we're selling buildings and layoff people in order to survive.

 

Goodnightmoon said:
KLXVER said:

I wish someone would update this chart. Not that it would change anything about your point, Im just curious to see 2012-2016.

I think there is only 1 year in red for Nintendo in that period

Actually only 2 years.

https://www.statista.com/statistics/216625/net-income-of-nintendo-since-2008/



Lawlight said:
Wyrdness said:

What makes you think they can't as they just had a year that achieved it and this is before their business plan is fully in motion.

Wow, another. Do you think Nintendo has sport teams to sell every year?

 

Nintendo sell sports teams, Sony sells buildings. Profit is profit.

Lawlight said:
It seems that mobile hasn't quite paid off for Nintendo:
Mobile income : $218M, of which $182M comes from Pokemon Go. So Mario Go and FE only made $35M?

 

So you would sooner Nintendo not bothered with Mario run and FE and pass on an easy $35m?

Lawlight said:
Pavolink said:

Of course no. Just like Sony can't sell all of their buildings.

 

 

Anything made more money than the ps3.

The difference is that Sony's gaming division is profitable without the need of one-off sale. And they haven't even diversified to mobile yet, though I wouldn't count that as part of gaming.

Not always...

And you know it. Or do we have to remember how many years in the past Sony was on red?



Proud to be the first cool Nintendo fan ever

Number ONE Zelda fan in the Universe

DKCTF didn't move consoles

Prediction: No Zelda HD for Wii U, quietly moved to the succesor

Predictions for Nintendo NX and Mobile


Goodnightmoon said:
Lawlight said:

The difference is that Sony's gaming division is profitable without the need of one-off sale. And they haven't even diversified to mobile yet, though I wouldn't count that as part of gaming.

Lame excuses as always, specially knowing that Nintendo has been profitable always except for one single year and always using their games as main moneymaker while Sony had many years with red numbers.

-snip-

Oh, and making games for mobiles is part of gaming, you can say whatever you want about it, it doesn't change reality.

I believe they've made losses in 3 recent years, not 1. Specifically the years ending March 31st 2012, 2013, and 2014. They managed to hit profitability again in 2015 and 2016, but it was for relatively small amounts.

The above is likley why Nintendo have opted to be conservative with their Switch estimates (just 10 million for FY2017), and why they're willing to risk some of the Switch's short term potential in favour of keeping the 3DS alive a bit longer. The 8th generation has been a difficult few years for Nintendo, so it makes sense they'd opt for a low-and-steady approach.