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Sunday | December 11, 2016
Nintendo 3DS launch to miss year-end shopping season

Nintendo 3DS launch to miss year-end shopping season

Nintendo Co Ltd said on Wednesday it would launch a 3D-capable version of its DS handheld game console in Japan on February 26 and in the United States in March, missing the crucial year-end shopping season.

Nintendo blamed the late arrival of the game console, as well as a strong yen that has trimmed the value of its overseas earnings, for cutting its net income forecast by more than half for the business year ending next March 31, to 90 billion yen ($1.07 billion) from 200 billion yen.

The company also trimmed its projection for DS sales for the business year, including the 3D model, to 23.5 million units from 30 million, while lowering its estimate for Wii consoles to 17.5 million from 18 million.

For the six months ending on Sept 30, the company now expects a 2 billion yen loss.

Read More/Source: Yahoo

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