Nintendo Cuts Profit, 3ds Not Ready for Christmas
Deseret News (Salt Lake City) › October 07, 2010
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Summary
CHIBA, Japan -- Nintendo slashed its earnings forecast by more than half Wednesday after announcing that its 3DS game machine, packed with glasses-free 3-D technology, won't be ready to go on sale for Christmas.
Nintendo now expects 90 billion yen ($1 billion) in profit for the year through March 2011, down from an initial projection of 200 billion yen ($2.4 billion) profit.See the full content of this document
Extract
Nintendo Cuts Profit, 3ds Not Ready for Christmas
The 3DS will go on sale in February in Japan, and March in Europe and the U.S., missing the year-end shopping seaon which is a critical time for all game-makers to rake in profits.
Kyoto-based Nintendo Co. had p...See the full content of this document
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