Nintendo’s Profits Rise whilst Sony’s Falls.
28 10 2006Â
Nintendo have announced that they have seen a half year profits rise of around 50%!! Between April and September net profits were up to 54.35bn yen (approx. $456.7m; £242.8m).Â
Compare this to what Sony has announced recently… They declared a 94% drop in profits (from July-September)!!! This was mainly due to the combined cost of its global recall of potentially faulty PC batteries and developing the PlayStation 3, the profits shrank to 1.7bn yen (£7.6m) compared with 28.5bn yen for the same period a year earlier.
Sony’s loss also including a net loss in the gaming division of 43.5bn yen.
Is this a sign of things to come…
Only time will tell….
Sources:
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