It’s gone from bad to worse for Nintendo. Following a less than impressive reveal of Wii-U, a huge price cut to help push the already lacking 3DS and major stock falls throughout the Summer, the firm have posted a financial operational loss of ¥19.6 billion for July – September 2011. That’s about $258 million.
Reuters has it that the saoring price of the Japanese Yen and poor software sales have played a significant part in these less than impressive numbers. Nintendo have now cut their predicted sales forecasts on the Nintendo 3DS. The portable’s lack of penetration is a huge problem for Nintendo it would seem.
Poor Ninty.
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I bought the 3DS right after the price drop, played it for a couple of hours and chucked it back in the box. It’s rotting on my shelf. Haven’t bought anything for the Wii since Epic Mickey and the only DS game I’ve bought this year has been Inazuma Eleven. Really hasn’t been much I’ve been interested in in about a year now and I usually rush out and snap up anything Nintendo. I’ve gone back to PC and 360 for now.