The Profit Is In Another Castle: Nintendo Records First-Ever Annual Loss

Citing poor sales of the Nintendo 3DS and "the stronger yen against the euro was also another reason," Nintendo posted its first-ever loss - $534.6 million on revenue of $8 billion. This is down from $12.6 billion in revenue last year with $960 million in profit. But, as they say, it's dangerous to invest alone. Here, take this: the company is predicting a profit of $429 million next year.

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