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Posts Tagged ‘nintendo’

TOKYO (AP) — Video game maker Nintendo sank to a loss in the latest quarter as sales of its Wii U game console continued to be eroded by a shift to gaming on smartphones and tablets.

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Nintendo made an operating loss of ¥18.4 billion ($187 million) on sales of ¥115 billion ($1.17 billion) this quarter as Wii U sales continued to lag. The company sold 300,000 Wii U consoles between July and September, an 87.5 percent improvement on the previous quarter; sales were buoyed by a price cut and Legend of Zelda […]

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Nintendos just released its financial results for the last three months, and while hardware sales have increased substantially, it still made a loss. Wii U sales have rebounded significantly. Following price cuts mid-year, its added 300,000 more users (almost double the 160,000 sold in the three months prior), but Nintendo remains a long way from […]

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