Nintendo Ekes Out First Operating Profit In 4 Years
Nintendo posted a modest $204 million in profits for the quarter, thanks more to depreciation in the currency market than its own performance.By Evan Thomas | May 7, 2015
Nintendo posted its first operating profit since 2011 this week.
It appears Nintendo has currency exchange markets to thank for its quarter in the black, and it even says so in its earnings report. A depreciating Yen helped the gaming company post an operating profit of about $204 million.
One thing's clear: Nintendo's own products weren't doing much to help. Sales actually fell about four percent on the quarter.