Nintendo profitable in 3rd quarter and year-end?

[Tarumon]

outlawauron said:

OceanJ said:

outlawauron said:

Vinniegambini said:

current exchange rates are favourable.

As someone who imports a good bit, the exchange rates are still horrible. Nintendo and Sony will continue to lose millions because of it.

Huh?  The weaker the Yen, the more profits Sony / Nintendo make overseas...which is the bulk of their sales.

That means they make more money.

But the yen isn't weak. It's still very strong and far too strong for their overseas business. 87 yen to 1 dollar is better than the 75-80~ it's been floating around for a year or two, but it was 130 yen to 1 dollar at the start of the generation.

Based on the amount in foreign currency translation loss, Nintendo's looking at most 106 Yen to Dollar to have fully recovered.  Euro has been the more painful due to their PIGS crisis.  Nintendo definitely doesn't need Yen back at 130, at 90 or above, most exporters, especially Nintendo will be in good shape.  Also remember, due to the nature of those paper losses, every year Nintendo's been stashing dollars and euros even over the last few years.  Nintendo had accounting losses when stated in Yen terms, but Nintendo of America was collecting more dollars every year.