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Nintendo Just Turned Profitable and Wii U Sales Are Past 7 Million


Surprise, Nintendo just made a pile of unexpected money: 14.3 billion yen in net income, or about $132 million, for the six month fiscal period that ended in September. For the same period last year, the company posted just 600 million yen in net income.

And in the last three months, July to September, the company’s had unexpected quarterly operating profits as well, reaching 9.3 billion yen, or about $86 million, reports Reuters, which adds that the weaker yen boosted overseas earnings. Analysts had predicted a significant loss for the quarter.

The unanticipated turnaround means Nintendo could see its first annual profit in four years. And the company’s sticking with its full-year prediction, made back in May, of 40 billion yen (versus a 46 billion yen loss last year).

Wii U sales look considerably better, too, with 1.1 million units sold between April and September — more than double…

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