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| Forum Home > News Bytes > Nintendo Posting Heavy Losses | ||
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Administrator Posts: 852 |
Nintendo has announced they will have even more of a loss for this fiscal year.
An updated financial forecast has the company suffering a $839 million loss, up from the $258 million loss they first updated to after originally expecting a $258 million profit.
"Nintendo 3DS hardware during the nine months ended December 31, 2011, were 11.43 million units, and the total worldwide sales since its launch exceeded 15 million units," the company stated.
For the first nine fiscal months, ending Dec. 31, Nintendo posted a loss of $620 million. | |
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-- "It's not that I TRY to be evil... It's just that evil is funny."
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Moderator Posts: 417 |
The losses are huge from an investor stand point. Do you think they can turn it around in the coming quarters? It seems like they have a lot of projects in the works but nothing really bringing in cash at this point. | |
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-- What do I get if I beat this boss without getting hit?
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