Nintendo’s Sales and Earnings Fall
Thursday, July 29, 2010
Nintendo released its quarterly earnings statement today, showing a drop in sales and earnings for the first quarter (April through June). As reason for the drops, the company blamed the appreciation of the yen and the lowering of the DS price.
The company did ¥188,646 million in sales over the three month period, down from the ¥253,498 million of the same period last year. Operating income was down from ¥40,401 million to ¥23,342 million.
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