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Nintendo warns of full-year loss

Nintendo warns of full-year loss

 Nintendo

Nintendo Co stated it expects a working loss of 35 billion yen ($336 million) for the 12 months to finish-March, reversing its earlier forecast of a hundred billion yen revenue, citing a lot weaker-than-anticipated gross sales of its Wii U and 3DS recreation machines.

Nintendo has additionally warned of an internet loss of 25 billion yen for the 12 months ending on March 31, a massive reversal from its prior projection of 55 billion yen revenue.

The firm slashed its international Wii U gross sales forecast for 2013/14 to 2.8 million gadgets from 9 million, and its 3DS gross sales forecast to 13.5 mln units from 18 mln units.