Nintendo 3rd Quarter Results (Oct-Dec) - Profit of over 450 million US

[Vinniegambini]

the_dengle said:

ethomaz said:

I need to do a better explain how the financial results works... I will try to give a example.

- Nintendo posted $50 loss for Q1
- This $50 loss enter in the next Q... so the Q2 already have a dividend of $50 because the last Q
- Then Nintendo post the Q2

It's like a credit card bill (at least in Brazil)... if you didn't pay all the bill then the next moth you receive a new bill added which you have not paid in the previous month.

They is no $450 million profit because you have to pay the loss of the previous quarter... the same happen with profit... if you have profit in a quarter the next quarter have to added this profit in the results.

YUP, just as I thought, nothing but semantics. If you isolate the third quarter, you see $450 million profit. You don't see $300 million magically fall into a black hole to be completely disregarded.

Hence the title 3rd quarter results (Oct-Dec).