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Nintendo reports revenue and profit declines

Yet corporation is still in the black for nine month period

Nintendo has reported that both its profit and revenue entered decline during the nine months between April and December.

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The corporation posted a net profit nonetheless, of about £59.5 million ($99 million), though this was down thirty per cent on its performance from the year prior.

Total revenue was down too, but only by 8 per cent, thanks to a strong Nintendo 3DS campaign offsetting disappointing Wii U figures. Nintendo made about £2.9 billion ($4.8 bn) during the same nine-month period.

Nintendo sold 2.4 million Wii Us globally during that period, another year-on-year decline compared the year prior when it shifted about 3 million units.

Software sales fared better. The company sold around 16 million games for the nine months, compared to 11.6 million during the same period last year.

To date Wii U has sold 5.86 million units worldwide and Nintendo 3DS 42.74 million units.

On Wii U, The Legend of Zelda: The Wind Waker HD, Wii Party U and Super Mario 3D World have now each sold more than one million copies.

In mid-January, the corporation warned investors that it will miss its annual Wii U sales targets by 6 million units.

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