No, Nintendo was in the red. For the six months that ended September 30, they lost $923 million. http://www.marketwatch.com/story/nintendo-sinks-deeper-into-red-in-first-half-2011-10-27
Sluggish Wii sales had part to do with it, and losing money on every 3DS system sold doesn't help (they are doing it to get the system out there and make up it up with software sales of course).
That info would be shocking if it had happened last year or the year before. However, you have to consider that they have several 3DS titles in development as well as a new HD home console in the works, for which they have licensed several middlewares for third parties to use, as well as the collaborations and their own HD games. And while they have a more unique approach to art style, as opposed to photorealistic, games like Smash Bros are big. There's also Retro's game and Monolith Soft is also working on something for Wii U. They have also invested in the Nintendo Network, and maybe they have made contracts with other companies already as suggested by Mr. Iwata. All of that requires a lot of money.
Anyways, I predict Wii U launch during or a bit after Summer, or at least that's the ideal time frame. Last holiday season was pretty crowded, and this year looks to be no different if not more crowded. This is even more dangerous for Wii U since the system will have games that will already be on other systems like Batman and Ninja Gaiden 3. They need to launch a bit early to offset those early games so that the system can have a more steady flow of games that will arrive later on like Assassin's Creed 3 and Aliens. If third party support is as big as rumored and if companies like Capcom are on it, we might see RE 6 on it, and CoD is pretty much a given.
As for price, $350 would be ideal if it has a considerable boost in hardware like it seems to have. If they have two versions, maybe one will be priced at $299 and the other at $399 with a HDD and a sleeker look.