Selling 3DS systems at a loss contributes to the Mario factory posting $458 million operating shortfall for the year; Nintendo predicts return to profit next year.
Nintendo expects to return to profit in its next fiscal year. It is expecting sales to rebound to ¥820 billion and to record a profit of ¥35 billion. It predicts these to average out to $10 million and $440 million respectively over the course of the year. This return to profit will be driven by the release of the Wii U across the world at the end of this calendar year and a number of key software releases.
The firm highlighted the planned releases of New Super Mario Bros 2 for the 3DS in August, Animal Crossing on the 3DS "this fall," and a new Brain Training title "this summer" as reasons for cheer in the coming fiscal year. The firm also outlined plans to expand its Nintendo Network programme that will allow Wii U and 3DS owners to play online, and will be used to provide DLC for its games. The firm also confirmed it was looking into allowing full-game downloads via the Nintendo Network in the future, but it did not offer a timescale for this.
Source : GameSpot
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