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April 26, 2012 10:24 pm GMT
Citing poor sales of the Nintendo 3DS and "the stronger yen against the euro was also another reason," Nintendo posted its first-ever loss - $534.6 million on revenue of $8 billion. This is down from $12.6 billion in revenue last year with $960 million in profit. But, as they say, it's dangerous to invest alone. Here, take this: the company is predicting a profit of $429 million next year.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/BRC3QJm1Huo/
The Profit Is In Another Castle: Nintendo Records First-Ever Annual Loss
Citing poor sales of the Nintendo 3DS and "the stronger yen against the euro was also another reason," Nintendo posted its first-ever loss - $534.6 million on revenue of $8 billion. This is down from $12.6 billion in revenue last year with $960 million in profit. But, as they say, it's dangerous to invest alone. Here, take this: the company is predicting a profit of $429 million next year.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/BRC3QJm1Huo/
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