Jul 30 2010

Nintendo slumps to loss as game sales fade

Nintendo product news coming in Sept., 3DS details likely
IDG News Service – Nintendo will announce details of a new product on Sept. 29, it said Thursday.

Read more on Computerworld

Nintendo kicked in the Wii, posts net loss for fiscal Q1
Nintendo reported its financials for its fiscal Q1 this week and posted a significant loss for the quarter. The quarter spanned April through June for the gaming firm. The strong Yen is pointed to as the major reason the company posted a loss. The strong Yen hurt Nintendo operations in countries other than Japan where Nintendo makes 87% of its revenue. The strong yen cancelled out cost cutting …

Read more on SlashGear

Nintendo slumps to loss as game sales fade
Company places blame on strong yen and the lack of new game titles

Read more on San Jose Mercury News