Monday May 28, 2012

Nintendo cuts annual profit forecast on strong yen

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4 Comments

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  • 0

    proxy

    If I'm not mistaken both are made in China so how does a surging yen have any impact?

  • 0

    some14some

    Strong yen? as if every product is being exported from Japan, mere excuse for declining sales of elec firms.

  • 0

    thepro

    Only 16 percent? Can't compete with Sony's awesome 70 percent drop

  • 0

    JohnBecker

    @proxy: When Wal-Mart buys a boatload of Wiis, China has nothing to do with it. Wal-Mart pays Nintendo in dollars, which must convert to Nintendo's price in yen. A surging yen means a Wii costs more in dollars. This is pretty simple stuff...

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