PSN brings in more money than all of Nintendo

[Miyamotoo]

Teeqoz said:

Miyamotoo said:

Nintendo made profit of 64,670 million yen ($570m) for Q3. Pls link where it says they earned $415m on exchange rate.  But at end profit is profit.

https://www.nintendo.co.jp/ir/pdf/2017/170131e.pdf

https://www.nintendo.co.jp/ir/pdf/2016/161026e.pdf

As of 6 months of their fiscal year, they had lost 40 billion yen from foreign exchange, but after the 9 months, they had gained 7 billion yen. Conclusion: in the 3 months between, Nintendo made 47 billion from forex gains in this quarter (they both had to recoup their loss of 40 billion, and make another 7 billion to have a net surplus of 7 billion after 9 months.)

Profit is profit, but you said you wanted the whole picture.

I don't see those numbers, can you copy them. 

Yes profit is profit, and whole picture is that despite "PSN brings in more money than all of Nintendo" Nintendo made 3x more profit than whole Sony company.

 

Lawlight said:

Miyamotoo said:

Nintendo can make good profit even if they dont have best sales, their known for making profit from everything, so "PSN bringing in more money than all of Nintendo" means nothing if we know that Nintendo made 4x bigger profit with dead Wii U than whole Sony.

That's not true. Nintendo posted losses a few times over the past years. And PSN bringing in more money than Nintendo who had to sell a sports team, had Pokemon Go and Pokemon Sun/Moon along with the 3DS does mean something. It means Sony is doing it right gaming-wise.

What's exactly not true!? Nintendo had low sales and great profit for Q3, and thats true. I never said Nintendo never had losses, but last few years Nintendo is operating in profit, despite Wii U is huge failure.