Nintendo predicts first annual loss in 30 years


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Thu, 2011-10-27 07:58 - By  
Bloomberg reports that Nintendo, the world’s largest maker of video-game machines, has forecasted its first annual loss in 30 years, expecting a net loss of $264 million for the year ending in March. The forecasts come in as a result of the currency rates and the slumping demand for the 3DS console as gamers flock toward online games on iPhone and Facebook.
 
 
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