More Reviews
REVIEWS Digimon Story Cyber Sleuth Review
Digimon, Digital Monsters, Digimon are the Champions!

World of Tanks (PS4) Review
Modern warfare shooters are a dime-a-dozen, so why not jump behind the “wheel” of a ten-ton behemoth and incorporate strategy to decimate the enemy?
Release Dates
NEW RELEASES Mighty No. 9
Release date: Out Now

Arslan: The Warriors of Legend
Release date: Out Now

Factotum 90
Release date: Out Now

Aegis of Earth: Protonovus Assault
Release date: 03/01/16


LATEST FEATURES The 10 Best XCOM 2 Mods You Should Consider Downloading
Customize your game.

Deadpool Movie Review
Calling him the “Merc With The Mouth” is an understatement.

LEADERBOARD
Read More Member Blogs
FEATURED VOXPOP Ivory_Soul
Windows 10 Review for Dummies
By Ivory_Soul
Posted on 08/11/15
After all these years, and growing up with Windows 3.1, I have seen an entire evolution of computers and software. Touch screens and large resolutions were a pipe dream just 15 years ago. Now it's the norm. Going from a Packard Bell (yes, before HP) that couldn't run 3D Ultra Mini...

GAMING NEWS

Nintendo Lowers Annual Profit Predictions By 70%

Posted on Wednesday, October 24 @ 08:35:27 PST by Alex_Osborn
Unfortunately for the Big N, the 3DS hasn't proven to be the big runaway success that they expected it to be worldwide. However, that's not to say that the handheld hasn't been selling well—Nintendo just aimed the bar a bit too high, and by that I mean a good 70% too high.

The company has had to cut its annual profit projections a substantial 70%, after suffering first-half losses of $351 million. They originally expected to suffer ¥20 billion over the first six months, but ended up having to swallow another ¥8 billion. Naturally the company is blaming it on the increased value of the yen, as well as under-performace of the 3DS overseas.

For the fiscal year ending March 2013, the company now projects net profits of ¥6 billion ($75.2 million), which is down from their initial expectations of ¥20 billion ($251 million). Of course, Nintendo is expecting big things from the Wii U, with an expected 5.5 million units sold globally by the end of the fiscal year.

[Via]
Tags:   Nintendo, Wii U, 3DS
FOLLOW ME ON TWITTER. YOU KNOW YOU WANT TO.




comments powered by Disqus

More On GameRevolution