by NeilR on October 27, 2011 @ 10:57 am
After 6 months since stating that 3DS sales are off to a smooth start and roughly 3 months since the handheld received an early price cut Nintendo now has to admit it has a very real problem. The company has forecast its first annual loss since it began reporting finances in 1981. Specifically, Nintendo expects to suffer a loss of ¥20 billion ($264 million) for the year ending March 2012. It seems the Wii 2 could be make or break for the company which was once leaps ahead of Sony and Microsoft.
Read more: EA Has No Active Wii U Titles in Development, Legend of Zelda: A Link to the Past Receiving 3DS Sequel, Indie Devs No Longer Need Office to Make Games for Nintendo Platforms, Ace Attorney 5 Female Lead Can Read Emotions, Shigeru Miyamoto Confident in the Success of Wii U’s ‘Long Future’