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Nintendo slashes annual profit forecast

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© 2012 AFP

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"...launch the revamp of Wii game console."

Sorry, but this is misleading. Although I'm sure it was not your intention the Nintendo WiiU is not a "ravamp" of the Wii, it is an entirely new platform (a successor, if you will). Also, this article makes it sound as though Nintendo is actually in danger, you must remember they are sitting on a lot of money (812 Billion Yen in the bank alone, and nearly 470 Billion Yen in assets, property, etc.).

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