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DietSoap said:
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.

A little more on this, kind of interesting

 "It was also noted that Nintendo are currently losing 20 billion yen each year on Nintendo hardware, but that this loss will be reduced by reusing the production plants for the next generation of hardware. A closing comment was made that if Nintendo could reach an operating profit of 150 billion yen for the year, the stock price could well rise to 20000 yen (it is currently around the 12500 mark)."

http://www.the-magicbox.com/forums/showthread.php?t=9151

 

 Dates for price cuts if anyone's interested:

http://vgsales.wikia.com/wiki/Price_cuts