27.10.2011 18:20 Uhr, Quelle: MacNN

Nintendo takes official $923m loss for first half of 2011

Nintendo has posted a huge loss for the first six months of the fiscal year and expects the first annual loss in more than 30 years. While better than feared, the video game maker netted a loss of ¥70.27 billion ($923 million) in the six-month period ending on September 30, which compares to a loss of ¥2.01 billion yen just a year earlier. This is due to a mixture of factors, including slowing sales of the Wii, a weak global economy, and a comparatively strong yen that is bad for export profits.

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