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July 27, 2016 08:44 am GMT

Nintendo reports $49M loss as Wii U sales plummet in Q1 2016

NintendoIt’s finally here folks, Nintendo’s quarterly earnings day has never been so anticipated. But the Pokmon phenomenon hasn’t translated into success for the games giant, which carded a $49 million loss (5.13 billion yen) for Q1 2016. Revenue came in at $587 million (62 billion yen), 30 percent lower than Q1 2105. Read More

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/Skx0P-Z2vrc/

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