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yo_john117 said:
Grimes said:
Acevil said:
yo_john117 said:

Why was the the latest year for the Wii not very profitable?


Some accounting thing they apparently do every 5 years from what some people have told me. I know the trick (roughly), but I didn't know they did it once to account for 5 years. 

Next year should be a good year again. 

Nintendo holds much of its profits in foreign currency. If those currencies do poorly then eventually, Nintedo has to make adjustments to compensate.

Ok that makes sense. The yen must not be doing so good.

Not so good.  But the big difference is that 2 quarters ago, Nintendo took a one time currency exchange write off of ~$729 million.  Had they not done this, they would have posted profits over $500 million.  So even with a down Yen, they still post massive profits.   It's just when they do the large currency exchanges bundled into 1 quarter that it looks bad.



The rEVOLution is not being televised