Nintendo Posts 43 Percent Revenue Drop

Probably because everyone's saving up for the 3DS.

Congratulations everyone, we finally posted a financial story without a picture of Wario.

Probably because everyone in the world already has a DS. In every color.

I'd be shocked to see Wario broke, but at least Mario's doing his part!

Yes, the transitional phase is beginning......

JK is responsible for Nintendo losing money!? Burn him at the stake! Oh, wait..., nevermind, I have to read more carefully instead of just the title and picture.

FYI Nintendo didn't report losses, just less revenue. In other words, they still made money and sales, just less than previously.

And this was inevitable, as others have said, the DS hardware market is nearing saturation so a drop in sales must occur.

If Nintendo was actually making losses then they'd be scrambling to do something about it, rather than casually mentioning the DS price drop and the future 3DS release date announcement.

Bloomberg says:

Nintendo Co., the world’s largest maker of video-game consoles, posted its first quarterly loss in more than two years as the stronger yen cut the value of overseas earnings and demand for DS handheld players fell.

The net loss was 25.2 billion yen ($289 million) in the three months ended June, compared with a 42.3 billion yen profit a year earlier, the Kyoto-based company said today. The game maker said it booked a foreign currency-related one-time loss of 70.5 billion yen.

I honestly feel sorry for anyone who is buying a DS right now. The 3DS is just around the corner.

"Probably because everyone in the world already has a DS."

Exactly my thoughts! Same story applies to the Wii...

What are they expecting? That success will be unlimited?

Their software sales will make up for it with all the great titles coming out now, until the 3DS release...and then that little gem will make them an ungodly amount of cash.

Once again, Iwata can't afford that one Golden Car this month.

Maybe it wasn't a good idea to reveal the 3DS so much time in advance. Oh well, I already have a DSi (not worth upgrading to XL, I'm- well- saving for 3DS).

Uh, the price drop explains the decrease in units sold? Riiiiiiiiiiiiiiiight...

Time to starting about an HD home console Big N!

Yeah thats happend to nintendo, if people don't get the DSiWare last year, they are not going to ge it these year, the are of-course waiting for the 3DS, and well last year was the year when the DSi went out so...

Maybe Nintendo should stop shovle ware, since the DS has alot of them

This would be expected at the end of a console's lifecycle where people aren't buying them anymore (and all the big selling software titles are being developed for he next console, so game sales can't soften the blow), but they're still sinking lots of money in getting the next console up and running.

I don't feel sorry for anyone buying a dsi as is a wonderful system with a great library of good games. The only thing I would do is hold off on downloading any games to see if they have a transfer option which I doubt they will

Nintendo must have already known that they announced 3DS too early before the release date and that must certainly lead to the sharp drop of DS sales. And also, I am dying for Wii HD. All games on xbox 360 and ps3 seem to have a deep preparation and serious investment and the majority games on Wii are shovelwares. Plz Nintendo, the next generation of Wii should be in your R&D Department !!!!!!!!

Great pic of Mario. Please send him to my house. We're having a party, and I'd like some of what he's selling.

"There are more houses with a DS than there are houses with central heating" Ben "Yahtzee" Croshaw

If they release a fart simulator for the DS they should bounce right back to last years earnings.

Probably a mix of 3DS, VERY poor software support (even by Nintendo), the fact it's a 6 year old system and it's probably just reach as many people as you're going to reach, probably a dabble in Apple taking some sales away from them.

Either way, they are still profiting on it, not losing. And the 3DS will sell millions so Nintendo isn't going broke any time soon.

you can probably expect the 3DS price to be higher now

..... and this is EXACTLY what Ive been screaming for the last year. The whole casual buisness that Nintendo jumped into head first was a fad. The majority of them are off playing with there iPhones, Droid, iPads now insead of there DS and Wii. They buy whats hot and new and dont stick around for buisness loyalty.

Nintendo obviously has fixed the issue as we have seen the titles coming for Wii and 3DS in the future lean more to the core Nintendo gamers and not casual and NSMBWii and Galaxy 2 both had much more difficulty infused into the gameplay putting them both back on par with Sunshine and Mario 64.

Microsoft look ^^^^^! See those revenue losses? That is you next year if you keep this casual thing that you have jumped into full force! Sad thing is you have taken RARE down with you!

The only reason that microsoft still makes xbox is because they have 65 billion dollars to fall back on. I doubt they would not be still in the market right now without their money they make in the computer indestry.

i wonder what the stroy is goinmg to be when the 3ds is released "Nintendo beats all selling records," followed by "Nintendo price revenue up 100%

folllowed by,"Nintendo buys Sony"

I'm saving up for the 3DS....

@Arcanum

LOL!

Nintendo did this to themselfs. Make the dsi, then come out with dsi XL and as soon as they did that tell people to look for the 3DS.
Nobody wants to buy something if your comming out with something better in a few months. Stop the fast pace of tring to rip the public with new this new that and make something we will like for awhile and buy more stuff for. Should of learned from playstation.