Nintendo Profits Drop a Staggering 74% Year-on-Year
In an unfortunate case of terribly poor timing, Nintendo has revealed it’s had a rather significant dip in earnings over the past year. The Japanese console manufacturer and gaming giant has seen net profits dip 74% to just 49.6 billion yen ($599 million) for the nine months ended December 31, 2010. Poor timing, purely because their announcement pretty much coincided …