Wii U sales cross 7 million as Nintendo announces strong quarterly profits

[compl3x]

There hasn't been much good news to report regarding Nintendo's financial situation since the company's historic annual loss way back in the 2011-2012 period. That may be changing, though, as strong sales of new Wii U and 3DS software helped raise the company to a surprising quarterly profit of 24.2 billion yen (about $224 million) in net income for the three months ending September 2014. That's quite a turnaround after a loss of over eight billion yen (about $74.2 million) in the same period last year.

 

read on