The 3DS and Wii could do nothing to save Nintendo during its most recent fiscal year.
The company today released the results of its fiscal year that ended March 31 (PDF) and revealed that revenue slid 36.2 percent compared with the previous fiscal year. Nintendo ended its year with revenue of 647.6 billion yen (about $8 billion), versus over 1 trillion yen in the prior year.
Due to sluggish sales, Nintendo posted a net loss for the year of 43.2 billion yen ($532.5 million). In the prior year, it had generated a profit of 77.6 … Read more