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Submitted by PaPa-Slam 828d ago | opinion piece

Feature: Nintendo's Financial Revelations and Hardware Strategies

Nintendo Life: Around this time every year Nintendo reports its financial results for the previous 12 months, and in by-gone days they could be summarised very easily — "we're rolling in cash like money hogs, victory lattes for everyone". Recently it's not been quite that simple, with the decline starting with the initial struggles of 3DS and rapid downturn of the Wii towards the end of its life. This culminated in last year's results delivering Nintendo's first annual loss in 30 years — more a dent in confidence than any lasting impact on the company's overall financial health. This year the Kyoto-based company could actually point to a modest net profit - countering pre-release predictions from Bloomberg. You can see our own high level summary of some of the key facts and figures right here. (Culture, Nintendo)

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