fleischr on 02 August 2014
Yes.
Recent Q1 loss was actually due to cost of goods sold > revenue coming in. Since COGs is pretty low for games, we can assume the losses are hardware related. Nintendo's inventory levels are at an historical high -- meaning theres a bunch of Wii U and 3DS produced at a high cost in 2012/2013 sitting in warehouses. In accounting speak, if they LIFO their inventory to favor profitablly produced HW while weaning down high cost inventory and selling more games, they can post a profit.
I predict NX launches in 2017 - not 2016
