Thursday, January 26, 2012

Nintendo releases quarterly earnings report

Nintendo has released its quarterly earnings report, and there is nothing to laugh about. But lets get the numbers crunched first. The profits are ¥40.9 billion (about $631.6 million) for the October - December period, representing a 61 percent quarterly drop. What does Nintendo blame for this? They blame the slow and staggering 3DS sales, which forced it to lower prices. 


And there is also some news about the Wii U. Nintendo says that it is going to launch it at the holiday season across the US, Europe Australia and Japan.

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