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

[Jumpin]

Leynos said:

Jumpin said:

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.

No it didn't. If Gamecube made a profit, Nintendo would have made significantly more money than it did. The home console business cut heavily into the profits turned by the handheld division.