Monday, December 22, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Samsung Introduces SE790C Curved Monitor
Chinese Motion-sensing VR Glasses Coming On Kickstarter
Kodak Returns To CES With Consumer Product Line
North Korea Suggests Joint Inverstigation With U.S. Over Sony Hacking
T-Mobile to Pay $90 Million To Settle Case With FCC
New Trojan Targetted Banks Wordlwide
FBI Confirms North Korea Was Behind Sony Hack
Apple Responds To BBC's Allegations Over Working Conditions In Chinese Factory
Active Discussions
Digital Audio Extraction and Plextools
Will there be any trade in scheme for the coming PSP Go?
Hello, Glad to be Aboard!!!
Best optical drive for ripping CD's? My LG 4163B is mediocre.
Hi All!
cdrw trouble
CDR for car Sat Nav
DVD/DL for Optiarc 7191S at 8X
 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
New Nintendo Devices To Use 'free-form' LCDs
Philips and Nintendo Resolve Patent Disputes
Nintendo Introduces New 2DS Designs, Amiibo Subscription Service
Nintendo to Release 'Quality of Life' Device
Nintendo Reports 2Q Profit
Nintendo's Figurines Coming Later This Year
Nintendo's Iwata Recovers From Surgery
Nintendo's Wii Infringes on Philips' Remote Control patent
Code Name: S.T.E.A.M. Coming On Nintendo 3DS
Pac-man Coming On Nintendo Wii U And 3DS
Nintendo's Wii U E3 Press Event
Sony Sells More Game Consoles Than Nintendo

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2014 - All rights reserved -
Privacy policy - Contact Us .