Nintendo’s Profits Rise whilst Sony’s Falls.

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).

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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