Thursday, January 16, 2014

Nintendo warns of full-year loss on weak Wii U, 3DS sales

Men ride an escalator past Nintendo Co advertisements at an electronics retail store in Tokyo Nintendo Co said it expects an operating loss of 35 billion yen ($336 million) for the year to end-March, reversing its previous forecast of a 100 billion yen profit, citing much weaker-than-expected sales of its Wii U and 3DS game machines. Nintendo on Friday also warned of a net loss of 25 billion yen for the year ending on March 31, a substantial reversal from its prior projection of a 55 billion yen profit.








via Gaming News Headlines - Yahoo! News http://ift.tt/1meHqiI

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