Nintendo Co., the world’s largest maker of video-game machines, plunged the most in seven weeks in Osaka trading after forecasting a second straight operating loss on lower-than-expected sales of its consoles and players.
Nintendo Co., the world’s largest maker of video-game machines, unexpectedly slashed its profit forecast 82 percent after slumping demand for its new 3-D handheld player led the company to cut prices of the product.
In “ Nintendogs ,” a game franchise for Nintendo Co. ’s DS, players train, groom, and feed a virtual puppy. Neglect your Nintendog, it gets filthy and runs away; care for it, the pup frolics and paws at the screen.
Nintendo Co., the world’s largest maker of video-game machines, slumped to an eight-year low in Osaka trading after tripling its loss forecast as the success of rival Apple Inc. devices erodes demand for its 3DS player.
In “Super Mario 3DLand,” Nintendo Co. will make its iconic Italian plumber battle turtle-like Koopa Troopas on its 3-D player. The company instead should develop titles for Apple Inc.’s iPhone, investors say.
Sony Corp. and Nintendo Co. unexpectedly slashed their profit forecasts in response to the failure of their televisions and handheld game players to keep pace with products from Samsung Electronics Co. and Apple Inc.
Nintendo Co., the world’s biggest maker of video-game consoles, fell the most in more than two weeks in Osaka trading on growing concern that price cuts won’t be enough for the company to meet its full-year sales target.
Nintendo Co., the world’s biggest maker of game players, will add functions to its 3DS and target women to spur demand, after sales of the device slumped and led the company to slash its profit forecast to a 26-year low.