| |||||||
| New! Use your Facebook, Google, AIM & Yahoo accounts to securely log into this site, click logo to login |  |
 |
| | LinkBack | Thread Tools | Rate Thread |
10-26-2011, 11:00 AM
| #1 (permalink) |
| Super Member  Join Date: Jan 2008
Posts: 7,494
Thanks: 0
Thanked 7 Times in 6 Posts
Rep Power: 0  |  Report: Nintendo Bleeding Cash Forum: CG News Posted By: RobertoOrtiz Post Time: 10-26-2011 at 01:44 PM Text: Quote: "Those days are over, apparently. According to Japan's Nikkei, the Kyoto-based game maker is poised to post huge losses tomorrow. Profits are supposedly down a staggering ?100 billion ($1.3 billion), which is twice what Nintendo forecast. The two major culprits are struggling hardware sales and the stubbornly strong Japanese yen. Nintendo makes 80 percent of its profits from foreign sales, and lost a whopping ?40 billion yen in foreign exchange. That's $526 million gone right there—poof." http://kotaku.com/5853416/report-nintendo-bleeding-cash Source |
|  |
|
| Currently Active Users Viewing This Thread: 1 (0 members and 1 guests) | |
| Thread Tools | |
| Rate This Thread | |
| |
