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Viper1 said:
DietSoap said:
Viper1 said:

The GC took a $9 loss per unit for the first quarter at launch but was all profit after that. 

They took an even bigger loss when they dropped to $99 iirc, don't know on the first price drop, but considering it was less than 6 months after launch I wouldn't doubt it.

As I said, they never took a loss again.

Source then?

 

"IGNcube: Okay. Now GameCube is selling for $99 and it's doing great. But is Nintendo losing money on each unit sold? 

Perrin: I would say that our losses are really negligible. It's such a small amount"

http://www.ign.com/articles/2004/01/15/gamecube-sales-update?page=2

 

They made up for it with software of course like they assuredly did at launch as well, but they still sold the console for a loss.