3DS prints money and so will Wii U this holiday...

[ICStats]

eyeofcore said:

RolStoppable said:
"It prints money!" should only be used for things that generate significant profits. 3DS and Wii U do not qualify.

Nintendo in latest fiscal quarter had  bottom line 230M$ net income profit...

They had a positive net income from currency exchange gains.  Nintendo had an operating loss of $2 million.

In other words they got profit from currency exchange on assets; but their business operation (3DS, Wii U, merchandise, etc.) was still not profitable.

Be careful talking about currency exchange gains in other currencies.  A currency gain in Yen, does not equal a gain in USD.

1) Say you have $2.0 Billion USD assets booked in Yen at 100 Yen/$ = 200 Billion Yen.
2) Say you have $2.0 Billion USD assets booked in Yen at 110 Yen/$ = 220 Billion Yen.

Woot, a profit of 20 Billion Yen!  But it's a profit of $0 USD.

Take care.