Nintendo Cuts Profit Outlook 11%
by Steven Rodriguez - 2:52 pm EDT
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Source: Bloomberg
It's always the Yen's fault.
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Kyoto, Japan, Oct. 1 (Bloomberg) -- Nintendo Co., the world's second-largest video-game maker, cut its full-year profit outlook 11 percent, blaming a stronger-than-expected yen and weaker sales of video-game consoles and hand-held players.
Group net income will probably... Read more...