Nintendo Reports Decreased Year-Over-Year Profit In Third Quarter
By A Mystery Man Writer
Description
Nintendo's financial shortcomings aren't a surprise following last week's sales forecast revision.
Target tops third quarter profit expectations, but inflation weighs on shoppers
![Nintendo Reports Decreased Year-Over-Year Profit In Third Quarter](https://images.nintendolife.com/f5855ac833a52/nintewndo-switch-oled-ridley.large.jpg)
Switch Sales Pass 139 Million, Will Be Main Business Heading Into 2024, Says Nintendo President
![Nintendo Reports Decreased Year-Over-Year Profit In Third Quarter](https://www.gonintendo.com/attachments/image/43056/file/medium-dc69d3efc3c6725a76b03769689d1172.png)
Nintendo Q3 results for fiscal year 2024 (Switch hits 139.36 million sold)
![Nintendo Reports Decreased Year-Over-Year Profit In Third Quarter](https://gameworldobserver.com/wp-content/uploads/2024/02/super-mario-bros-wonder-sales.jpg)
Nintendo reports strong 9-month period: nearly $9.5 billion in revenue and 11.96 million Super Mario Bros. Wonder units sold
![Nintendo Reports Decreased Year-Over-Year Profit In Third Quarter](https://gameworldobserver.com/wp-content/previews/post/nintendo-q3-revenue-9-billion-super-mario-bros-wonder-sales.png)
Nintendo reports strong 9-month period: nearly $9.5 billion in revenue and 11.96 million Super Mario Bros. Wonder units sold
![Nintendo Reports Decreased Year-Over-Year Profit In Third Quarter](https://i.gzn.jp/img/2024/02/07/nintendo-2024q3-earning-report/00_m.jpg)
Nintendo announces financial results for the third quarter of 2024, sales are 598.6 billion yen, Nintendo Switch sales are 6.9 million units, organic EL model is strong - GIGAZINE
![Nintendo Reports Decreased Year-Over-Year Profit In Third Quarter](https://cdn.statcdn.com/Statistic/685000/687059-blank-754.png)
Nintendo Switch unit sales worldwide 2017-2023
![Nintendo Reports Decreased Year-Over-Year Profit In Third Quarter](https://www.reuters.com/resizer/v2/https%3A%2F%2Fgraphics.reuters.com%2FGDP-AUTOMATED%2FUS-SECOND-10-YEARS-202309%2Fznpnzrqybpl%2Fchart_eikon.jpg?auth=7b1657404b8f8bdaa9c5b804374dab44ea8832de0c88bb7cc061545ba7115348&width=1920&height=2400&smart=true)
US economy grows 5.2% in third quarter; higher interest rates eroding momentum
![Nintendo Reports Decreased Year-Over-Year Profit In Third Quarter](https://d1lss44hh2trtw.cloudfront.net/assets/editorial/2022/08/ntdoy-nintendo-q1-2023-eps-beat-yen-currency-exchange-dollar-euro-7974-operating-profit.png)
$388 million yen exchange rate gain boosted Nintendo (NTDOY) Q1 2023 ordinary profit
![Nintendo Reports Decreased Year-Over-Year Profit In Third Quarter](http://cdn.statcdn.com/Infographic/images/normal/31216.jpeg)
Chart: Nintendo Levels up Its Full-Year Forecasts
![Nintendo Reports Decreased Year-Over-Year Profit In Third Quarter](https://cdn.wccftech.com/wp-content/uploads/2019/01/Nintendo-Q3-2019-02-Consolidated-Results.jpg)
Nintendo Q3 Results – Huge Profits with a Switch Target Cut
![Nintendo Reports Decreased Year-Over-Year Profit In Third Quarter](https://www.seia.org/sites/default/files/inline-images/SMI%20Web%20Charts%20Template%20Q4%202023_Figure%207.png)
Solar Market Insight Report Q4 2023
![Nintendo Reports Decreased Year-Over-Year Profit In Third Quarter](https://s.yimg.com/ny/api/res/1.2/f.Se6vP6JDlyldiyMH4SXg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTY0MDtoPTUyNA--/https://substackcdn.com/image/fetch/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fsubstack-post-media.s3.amazonaws.com%2Fpublic%2Fimages%2F9aec8a52-4857-4c38-8d6d-11dc4c85a390_1496x1224.png)
What profit margins reveal about the market
![Nintendo Reports Decreased Year-Over-Year Profit In Third Quarter](https://i.imgur.com/FwePiIj.png)
Sales-Age - Nintendo Q3 FY 22/23 Earnings Report: Hardware 8.23M, 122.55M LTD. Pokemon S/V 20.61M
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