Home > Uncategorized > Nintendo profit dives, others in red amid slump (AP)
Oct
29

Shoppers walk around Nintendo sales department at a store in Tokyo, Japan, Thursday, Oct. 29, 2009. Nintendo's first-half profit plunged by more than half as sales of its hit Wii home console fizzled in a saturated market.  Nintendo Co. reported a 69.49 billion yen ($772.1 million) profit for the April-September period Thursday, down 52 percent from 144.83 billion yen a year earlier. (AP Photo/Shizuo Kambayashi)AP - Brandname Japanese technology companies, including Nintendo, reported dismal earnings Thursday with Sharp emerging an exception in doubling profits on brisk sales of flat-panel TVs in China, Japan and the U.S.

Original post by AP and software by Elliott Back

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