Nintendo Finally Stops Bleeding Coins, Turns Healthy Profit

After struggling to enter the next-gen competition, it looks like Nintendo's luck may finally be turning around.

During the last six months, Nintendo sold over 600,000 Wii U consoles- nearly twice what it sold during the previous six months- thanks in part to the success of Hyrule Warriors and the continued success of Mario Kart 8. With the upcoming release of Super Smash Bros. for Wii U, Wii U sales are expected to continue performing strongly.

Meanwhile, the 3DS isn't doing quite as well, only moving a little over one million units, but given that the handheld device has sold nearly 50 million units worldwide this is hardly cause for concern. Super Smash Bros 3DS and Tomodachi Life were both profitable titles, selling over 3 million copies apiece, and the upcoming Pokemon Omega Ruby and Alpha Sapphire are expected to fly off the shelves as well.

All in all, according to Reuters, Nintendo pulled in a profit of $86 million dollars for the July to September sales period, and will likely end up with a profit of $370 million dollars for the year. Despite a rocky start to this console generation, it looks like Nintendo has managed to get its foot in the door. Maybe now it can finally afford to buy Mario some new overalls.