Nintendo Posts Profit (FY14 Q2), Iwata In Good Health Again

This is coming from GameSpot's news section

The corporation has made $132 million in profit for the six months ending in September, marking a significant upward swing from the $91 million loss it announced during the first three months of the period.

...

Responsible for the success in particular was the "extremely strong initial sales" of Super Smash Bros for 3DS, which has shipped 3.2 million units globally already since its mid-September release. In addition, the eccentric life sim Tomodachi Life has sold about 1.3 million units worldwide since its release.

Meanwhile, Wii U hardware sales have more than doubled in the past six months, though that's in comparison to the system's dismal performance during the same period last year.

During the six months to September, Nintendo has sold 1.1 million Wii U consoles worldwide. During the same period last year, it had only sold about 460,000 units.

In terms of software, Nintendo shipped 9.4 million Wii U games. The corporation did not specify further, only adding that Mario Kart 8 and Hyrule Warriors performed "steadily".

However, 3DS hardware sales are down significantly. During the April-September quarter, Nintendo sold about 2 million 3DS systems, compared to the 3.9 million units it sold during the same period last year. In terms of software, Nintendo sold about 233 million 3DS games during the six months, which again represents a decrease from the 273 million it sold during the same half-year period in 2013.

It's good news for Nintendo, they're finally out of a net loss situation. However, 3DS sales being cut in half is kind of concerning, but there hasn't been software this year to keep it going this year.

Next year will likely be a better year for 3DS overall. With the New 3DS launching, a price cut to the current models, and better software it'll probably boost sales.

Good news from Nintendo's release as well, Iwata is doing well! Via Reuters.

Japanese video game maker Nintendo Co's Chief Executive Satoru Iwata said on Wednesday he had recovered well enough from surgery in June to remove a tumour in his bile duct to enable him to resume his regular work duties.

The veteran executive's comments came as he presented Nintendo quarterly earnings in his first appearance before reporters since having surgery. He said he had lost weight, but felt healthier.

Yep, so they should really do well this holiday.

finally....me buying all their 1st party games paid off...

:P

I still think that new 3DS is ridiculous. Ninty should have waited to launch an entirely new handheld. Brand confusion at its finest.

That's awesome news.

Good news, just hope they can keep up the momentum. :P

Good to hear Iwata's in good health and getting better. Good to hear about the profits too.

My position on needing a change of management unwaivers.

Except it's the third parties that need support on Nintendo consoles. 1st party games already sell well for the most part.