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Tokyo – Nintendo reported a net loss of about $289 million
for its fiscal first quarter, compared to a profit of $487 million in the same
period a year ago, citing a strong yen and weaker sales of its hardware.

Sales
were down 25.6% in the quarter, to $2.17 billion.

While sales of the Wii
console were 3.04 million, up from 2.2 million in the first quarter of 2009,
the DS sold 3.15 million units, down from 6 million a year ago.

The company plans
to reveal pricing and release date details for its forthcoming glasses-free 3DS
handheld at the end of September.

 

Related Links:
http://www.nintendo.co.jp/ir/en/index.html

http://tinyurl.com/23e2w4p
(PC World)

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