Nintendo books quarterly net loss of US$327.9 million

[James]

Nintendo books quarterly net loss of US$327.9 million

Nintendo on Thursday reported a net loss of 25.5 billion yen ($327.9 million) for the April-June quarter.

 

[steaksauce]

That crappy new console of theirs must have cost a lot to develop then?

 

[wolvie]

That crappy new console of theirs must have cost a lot to develop then?

Hey dude, thats not cool. Strong currency markets can do some serious damage and Nintendo being a Japan based company, had a major setback including the tragic event caused by the Tsunami (Sony as well suffered), besides all new consoles are $$$ to develop.