Nintendo studies $220 million internet loss for initially quarter

Nintendo has experienced a $220 million internet decline for this yr 's first quarter &mdash a notable hit, but not as negative as previous calendar year 's $332 million.

3DS sales experienced "only attained " 1.86 million, totaling nineteen million units bought in the handheld's life span. The organization did report some good news :

"Compared to the quarter a calendar year previously, world wide revenue of Nintendo 3DS handheld sport hardware improved 162 percent, although Nintendo 3DS software rose 63 p.c," Nintendo claimed. "In addition, the business announced that as of July twenty five, 2012, it was no extended marketing Nintendo 3DS hardware down below making costs."

Nintendo launches the Wii U afterwards this year, so we'll have to wait and see how the console influences the business 's financial well being.

Stick to @wita on Twitter for tales of superheroes, plumbers in overalls, and literary adventures.

[Joystiq]