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View Full Version : Nintendo Predicts First Annual Loss in 30 Years - Bloomberg



NewsWhore
10-27-2011, 05:30 AM
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Bloomberg (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEXbuYolegCvlrFmaWvpW6c7CQIQw&url=http://www.bloomberg.com/news/2011-10-27/nintendo-predicts-first-annual-loss-in-30-years-after-cutting-3ds-price.html)
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Nintendo Predicts First Annual Loss in 30 Years (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEXbuYolegCvlrFmaWvpW6c7CQIQw&url=http://www.bloomberg.com/news/2011-10-27/nintendo-predicts-first-annual-loss-in-30-years-after-cutting-3ds-price.html)
Bloomberg
“Expectations from Nintendo are low because of the currency rates and slumping demand for the 3DS,” said Ichiro Takamatsu, a portfolio manager at Tokyo-based Bayview Asset Management Co., which manages about $2.6 billion. He spoke before the earnings ...

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