There’s good news and there’s bad news for the big N. Nintendo’s net sales of $12.4 billion for the period ending on March 31st 2011 was 29 percent less than during the previous year. Also its $825 million of net profit was 66 percent lower than it earned last year. Things are not so great in the Mushroom Kingdom.
However, there is some good news. The 3DS has reached 3.61 million sales worldwide, but at the same time the Wii is down to 15 million global sales, a 25 percent drop from its 2009 total of 20 million. Looks like the timing is perfect for the new console.