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Nintendo reports Q1 FY14 financial results

Publisher posts quarterly loss even as Mario Kart 8 sells well

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Nintendo has recorded a loss of 9.9 billion Yen for the quarter ending June 30, 2014. That's in stark contrast to the net profit of 8.6 billion Yen for the same period last year.

The quarter's poor performance was largely blamed on a lack of major releases, although Mario Kart 8 performed very well - selling 2.82 million copies in the quarter.

The Wii U only managed 0.5 million sales in the quarter, bringing the lifetime sales to date to 6.68 million.

3DS sales for the period fell 41 per cent from 1.4m last year to 820k.

[Thanks GI]

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