Posts Tagged ‘yen’
Nintendo sales chart takes a southward slope by 40%
Thursday, July 30th, 2009
The previous quarter of financial statements was released by Nintendo recently and it revealed that the demand for the Wii and DS platforms may be slowing down henceforth in the face of the current recession. The net sale of Nintendo have fallen by 40 percent if we compare it to the sales in the same period last year.

According to data the drop in net sales of Nintendo has created a 66 percent fall in quarterly operating profit. To this report Nintendo says that it is mostly due to slowing demand for the Nintendo Wii and also due to the strengthening position of the Yen.
It is not surprising at all that both the Wii and also the DS have been selling like the hottest of hotcakes for sometime and now it may finally be reaching a saturation point. Also do not forget to take the economic situation into account.
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