Video Games Nintendo Posts $229 Million Net Loss


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Nathan Gibson submitted a new blog post:

Nintendo Posts $229 Million Net Loss

Nintendo has lost $229 million in the last year according to financial information the gaming giant published today. Total sales came in at $5.6 billion, down from the expected income of $5.79 billion. This was due mainly to the poor performance of both the Wii U and the 3DS.

With both pieces of Nintendo’s hardware currently underperforming it puts increasing pressure on current president Satoru Iwata. The manufacturer had previously...
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