Thu, 2011-10-27 07:58 - By
Analysis,
Announcement,
Media Business,
Electronics & Technology,
Games & Toys,
Media,
3DS,
apple,
Bloomberg,
Facebook,
iPhone,
Nintendo
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.