Nintendo has turned its first profit in three years

Three years of consecutive losses is not the kind of trend that any company wants, but Nintendo has finally pulled out of its slump and managed to report its first profit, albeit a slim one, since 2011. It’s a small victory, and the poor 3DS and Wii U sales don’t give me hope that next quarter will be profitable as well. However, the company’s long-awaited entrance into the mobile market, which should start this summer, may very well help Nintendo reach its goal of doubling profits by the end of the year.