Monday, October 31, 2011

What’s wrong with Nintendo?

Media_httpbetaimagest_crnpp

Nintendo’s disastrous financial news last week can’t help but make one wonder about the future of the Japanase game giant.

For those who missed it, Nintendo posted a record loss of $926-million for the first six months of its current fiscal year, which ends next March. That’s about twice what Nintendo was expecting, and it helped drive the company’s stock to a five-year low (its current sub-$20 price is down from the mid-$70 plateau it enjoyed in 2007 and 2008).

Posted via email from Inspiration

No comments:

Post a Comment