RPGFan


Nintendo Posts Red Numbers for 1st Half of FY2003/2004
11.13.03 - 3:55 PM

Nintendo has posted a loss of 2.89 billion yen ($26.57 million US) during the first six months of the current fiscal year, the company announced today. Lower-than-expected GameCube sales as well as the strong yen were cited as main reasons for the company's first loss since going public in 1962. Nonetheless, Nintendo expects a net profit of 60 billion yen ($551.62 million US) on sales of 550 billion yen ($5.06 billion US) for the full fiscal year ending on March 31st 2004. Shipment targets for both, GameCube and GameBoy Advance remained unchanged at six and 20 million units respectively. In addition, the Kyoto-based company will debut a new hardware during the 2004 edition of the Electronic Entertainment Expo (E3) in Los Angeles. It remains to be seen whether the mysterious new console will be successor to the GameCube or the best-selling Game Boy Advance (SP) handheld system.


Back
Chris Winkler





Coming Up on Twitch

Tales from the Borderlands
July 31 • 9:00am PDT/12:00pm EDT

Sword Coast Legends
Aug 7 • 9:00am PDT/12:00pm EDT

Breath of Fire IV Continues!
Every Monday • 5:00pm PDT/8:00pm EDT

Star Wars: KotOR Continues!
Coming soon...

Featured Content
Ara Fell Review
Ara Fell
Review
Pokémon GO Perspectives Feature
Pokémon GO Perspectives
Feature
I am Setsuna OST Review
I am Setsuna OST
Review
I am Setsuna Review
I am Setsuna
Review
Retro Encounter Bonus Round: Root Double
Retro Encounter Bonus Round: Root Double
Podcast
Dark Fear
Dark Fear
Review
RSS Feeds & More
Complete Feed
Reviews Feed
Media Feed
Random Encounter
Rhythm Encounter
Retro Encounter