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Nintendo Cuts Its Annual Profit Forecast In Half Following Sales Slump
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Nintendo has slashed its profit estimate for the financial year by more than 50 percent amid slowing sales and a strong yen. In an announcement today [PDF], the Japanese firm lowered its net profit forecast from 35 billion yen ($310 million) to 17 billion yen ($151 million). Read More
http://techcrunch.com/2016/02/26/nintendo-cuts-its-annual-profit-forecast-in-half-following-sales-slump/?ncid=rss
Nintendo has slashed its profit estimate for the financial year by more than 50 percent amid slowing sales and a strong yen. In an announcement today [PDF], the Japanese firm lowered its net profit forecast from 35 billion yen ($310 million) to 17 billion yen ($151 million). Read Morehttp://techcrunch.com/2016/02/26/nintendo-cuts-its-annual-profit-forecast-in-half-following-sales-slump/?ncid=rss