Thursday, January 26, 2012

Nintendo posts first annual loss

Nintendo posts first annual loss

While Apple's latest quarterly earnings report seems to point the company towards a path where they can do no wrong financially, it seems that their success would mean the failure in another company – as the mobile gaming pie has been affected by a shift in affections towards the iPhone and iPod touch where casual gaming is concerned, and one of Nintendo's bread and butter, their portable Nintendo 3DS, has failed to hold its own against Apple's mobile devices in terms of portable gaming. Nintendo lost $575 million (45 billion yen) in the last quarter, and this figure is more than 10 times the amount that experts forecasted.

Ubergizmo, Nintendo posts first annual loss

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.