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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