ICStats on 20 December 2014
| niallyb said: To Icstats , profit = net income , not operating income . So actually nintendo is currently profitable- though only just. The gaming business in that report is effectively breaking even (Small loss actually). They got their profit because of a favorable exchange rate environment. Both sony and nintendo are very sensitive to the usd/jpy rate. |
Right, operating income is profit from business operations. i.e. profit from the game business. No operating income = no profit from the game business.
That's what I'm looking at to see if they are able to sustain profit. Net income includes other things like one time adjustments and short term capital gains, which may or may not repeat. Likely, they will show additional net income in this quarter because of the Yen falling about 10% further, but again this is a one time book adjustment and it could easily go the other way.
My 8th gen collection
