Monday, August 31, 2015
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
NVIDIA GRID 2.0 Launches
New LG Luxurious Urbane Smartwatch To Appear at IFA
Alienware Brings Liquid Cooling and Dynamic Overclocking to Holiday Lineup
Razer Launches Wildcat Xbox One Controller And Upgraded Nabu Smartband
Workstation Market Shippments Rebound In Q2
Google Will Help You Find Your Plumber
IFA 2015: What We Know So Far
Acer Liquid Z410 And Liquid Jade Z Phones Released
Active Discussions
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
How to burn a backup copy of The Frozen Throne
Help make DVDInfoPro better with dvdinfomantis!!!
Copied dvd's say blank in computer only
menu making
Optiarc AD-7260S review
 Home > News > Games > Nintend...
Last 7 Days News : SU MO TU WE TH FR SA All News

Thursday, July 28, 2011
Nintendo Posts Loss, Cuts 3DS Price


Nintendo stayed deep in the red in the latest quarter, forcing the Japanese video game giant to slash prices on its new 3DS handheld device.

Nintendo posted a net loss of 25.5 billion yen ($324 million) in the April-June period, worse than the 25.2 billion yen loss a year earlier. For the fiscal year through March 2012, Nintendo expects net profit of 20 billion yen, down 82 percent from its previous outlook, on sales of 900 billion yen.

The company blamed its lackluster sales on a dearth of hit titles for the Wii and 3DS, as well as a strong yen.

Nintendo decided to drop prices just five months after it launched the 3-D version of its DS handheld device. The 3DS will cost 15,000 yen in Japan starting Aug. 11, down from 25,000 yen. In the U.S., the price drops to $169.99 from $249.99 on Aug. 12.

"Nintendo will be able to create momentum for the Nintendo 3DS and accelerate its market penetration toward the year-end sales season, when the lineup for the applicable software shall be enriched," the company said in a statement.

Nintendo plans to release the "Super Mario 3DLand" and the "Mario Kart 7" 3DS game titles in Nonember and December, respectively.


Previous
Next
Avid Releases Sibelius 7        All News        New IEEE Wireless Standard Offers Networking At Up To 22 Mbps
August Update Brings ESPN to Xbox 360     Games News      Xbox 360 Wireless Headset with Bluetooth and a new Media Remote Available

Get RSS feed Easy Print E-Mail this Message

Related News
Nintendo Patent Filing Desribes New Game Console
Nintendo Cuts Price Of 2DS
Nintendo 3DS Update Brings Nintendo Network ID and Miiverse
Amiibo Figurine Sales Help Nintendo's First-quarter Profitability
Nintendo CEO's Iwata Dies At 55
Nintendo Wants To Surpise With New NX Console
Nintendo NX Could Be More Than A Video Game Console
Nintendo Presents New Franchises
Nintendo's new NX Game Console Will Not Have Android Inside (Updated)
Nintendo Joins The Humble Bundle
Nintendo World Championships Returns At E3 2015
Nintendo Games Coming To Smartphones Next Year

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2015 - All rights reserved -
Privacy policy - Contact Us .