Nintendo Powering Down Ahead of 3DS Launch

Filed under: Nintendo (NTDOY)

This winter should be an exciting time for video game companies. Unfortunately, at the moment fan favorite Nintendo (NTDOY) is powering down.



Nintendo announced revenues of only ¥189 billion, much lower than the consensus estimate of ¥212 billion. Earnings came in at a ¥197 loss, widely missing the consensus estimate of ¥34 billion.

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Nintendo Powering Down Ahead of 3DS Launch originally appeared on BloggingStocks on Thu, 29 Jul 2010 18:20:00 EST. Please see our terms for use of feeds.

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