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

[chriscox1121]

Vinniegambini said:

Soundwave said:

Vinniegambini said:

Soundwave said:
Someone should fix the title, it's misleading and inaccurate. Nintendo posted a net income of $159 million for the quarter, not $450 million.

NINTENDO - Consolidated Results for the Nine Months Ended December 2012. Thus, Nintendo's report is from Q1 through Q3. As a result, if one only looks at Q3, Nintendo did 450 million as Q1 and Q2 totalled over 300 million losses. In all, Nintendo posted a net income of 159 million combining all three quarters.

Shouldn't net income be below $150 million then if they had losses over $300 million for Q1/Q2?

450 - 300 (+) < 159

I'm judging with current exchange rates. Tomorrow we will have the full breakdown with the investors meeting and a seperate report with Q3 only results.

At the moment its:

Q1 = (189.5 million)
Q2 = (118.4 million)
Q3 = 468 million
To date Q1-Q3 = 160 million

I will update the OP once the report is out. Nonetheless, the results should not differ by that much.

So have you decided to sell yet? or are you gonna hang on a little while longer?