Nintendo made profit of $920m in FY2016.

[Zekkyou]

Goodnightmoon said:

Lawlight said:

The difference is that Sony's gaming division is profitable without the need of one-off sale. And they haven't even diversified to mobile yet, though I wouldn't count that as part of gaming.

Lame excuses as always, specially knowing that Nintendo has been profitable always except for one single year and always using their games as main moneymaker while Sony had many years with red numbers.

-snip-

Oh, and making games for mobiles is part of gaming, you can say whatever you want about it, it doesn't change reality.

I believe they've made losses in 3 recent years, not 1. Specifically the years ending March 31st 2012, 2013, and 2014. They managed to hit profitability again in 2015 and 2016, but it was for relatively small amounts.

The above is likley why Nintendo have opted to be conservative with their Switch estimates (just 10 million for FY2017), and why they're willing to risk some of the Switch's short term potential in favour of keeping the 3DS alive a bit longer. The 8th generation has been a difficult few years for Nintendo, so it makes sense they'd opt for a low-and-steady approach.