Nintendo "laughed their assess off" when Microsoft tried to acquire the company in 2000

[Leynos]

Jumpin said:

Mandalore76 said:

They must be doing something right to have those billions in the bank.  They are the only video game company to have survived in the hardware space continuously since 1983.  Besides the Wii U, Nintendo has always managed to make a profit of their hardware regardless of whether it sells 20 million or 100 million units.  Look at the PS3 which sold over 80 million units, but initially wiped out all of the profit made from the PlayStation and PS2 combined.  Why wouldn't Nintendo be more interested in their bottom line than anything else?

Gamecube also lost Nintendo a lot of money. But Nintendo could still turn a small profit thanks in part to the booming handheld business from Gameboy, GBA, GBA SP, and DS during that time.

Gamecube made profit.