Wii U

Nintendo swings back to net profit, but it sold only 160K Wii U consoles in past quarter

Swinging back into a net profit, Nintendo today reported financial results for the first quarter ended June 30. But the company reported a sizable operating loss, and it sold only 160,000 Wii U game consoles from April 1 to June 30. That’s a terrible showing for a console that is less than a year old.

NIntendo reported an operating loss of 4.92 billion yen, or $50.2 million, on net sales of 81.5 billion yen, or $832.8 million in the first fiscal quarter. Net profit was 8.62 billion yen, or $88 million.

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Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.