In terms of its income, the company went from 107 billion yen to a lowly 42 billion and sales fell from 423 billion yen all the way to 253 billion. That’s pretty staggering considering how long Nintendo spent making steady profits thanks to the little Wii that could.

Sadly, the Wii’s popularity seems to be in steady decline. Sales for the console dropped from 5.17 million units to 2.23 million. The DS, also, has seen a drop: 5.97 million units, down from 6.94 million.

That said, Nintendo is a company that likely knows how to brush itself off and keep on trucking. So we’ll hopefully see some better numbers in the next report, or at least signs that the company is ready to bring us something new. With Microsoft’s Project Natal in the works, it will be interesting to see how Nintendo works to meet the competition.

Or, perhaps the time for Nintendo’s reign has passed? What do you think?

Via | vg247

Image: Nintendo

Post from: EveryJoe

Q1 Nintendo Profits In Decline