Nintendo Posts Another Huge Loss
Nintendo’s struggles continued Wednesday with the news that the company posted another big loss.
The company lost 33.4 billion yen, the equivalent of $329 million, in the quarter that ended in March. According to Bloomberg News, the loss was larger than analysts had predicted.
The loss was attributed to weakness in both Nintendo’s current consoles and the games for them.
Jeremy Hill of our sister site Gamertell has more on how Nintendo “just doesn’t get it.”