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FEATURED VOXPOP shandog137
The perils of the Hype Train…
By shandog137
Posted on 03/09/15
The recent release of Evolve and The Order 1886 really got me to thinking about the disparity between the perspective of sales-driven publishers and the quality-driven purchases of consumers. The “Hype Train” is nothing new, but the way it is utilized has been creating far more...

GAMING NEWS

Nintendo To Post First Annual Loss, Grossly Underestimates Losses

Posted on Thursday, January 26 @ 08:31:22 Eastern by


Remember all those "It prints money" pictures of Iwata and Miyamoto laughing all the way to the bank? That shit is in the past.

Nintendo vastly undershot estimated losses for the fiscal year... by about 40 billion yen. Nintendo originally forecast a loss of 4.2 billion yen, but has increased expectations expotentially to 45 billion yen.

Nintendo President Saturo Iwata attributes the higher than expected losses to lower than expected hardware sales through the holiday season:
We had higher expectations for the year-end season, but failed to meet them.
This is the first annual loss Nintendo has posted in thirty years.

[Source]
Tags:   nintendo, 3ds, wii, Wii U
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