Nintendo has released its financial report for the first three months of the fiscal year beginning April 1, 2014 and ending March 31, 2015. CEO Satoru Iwata has a goal of earning $200 million for the company this year, but he’s off to a rough start. From April 1 to June 30, the company has reported a net loss of ¥9,294,000,000, or about $90 million in US currency. Iwata is not revising the company’s forecast of $200 million in profits for the whole year, as he expects to generate “robust” profits from 3DS for the rest of the year.

Source: Nintendo

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Ben Lamoreux


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