The road to XBOX ONE. Follow the journey

Nintendo posts six-month loss of £578m

Christopher Dring
Nintendo posts six-month loss of £578m

Platform holder Nintendo has had a difficult start to its financial year, with a loss of £578 million for the first half of 2011.

The period takes in the six months to September 30th, 2011.

The firm has suffered weaker than expected demand for its DS and new 3DS handheld. The platform holder has also seen a smaller number of hit titles, a much stronger Yen against the dollar and has had the bottom line impacted by price revisions on DS and Wii.

The firm now expects to make an annual net loss of up to 20 billion yen (£165m).

Advertisement

Tags: Nintendo , 3ds , ds , wii

Follow us on

  • RSS

Add a new comment

You need to be logged in to post comments. If you do not have an account then please register.

Comments

0 comments

There are no comments yet, be the first to add one!