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Nintendo trims red ink, lowers forecast for year

(AP)—Nintendo Co. narrowed its losses in the fiscal first half, but the Japanese game maker lowered its sales and profit forecasts for the full year ahead of the launch of its new Wii U home console.

dateOct 24, 2012 in Business
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Nintendo posts loss on strong yen, weak sales

(AP) -- Nintendo Co. sank to losses for the April-December period, battered by a price cut for its 3DS handheld, a strong yen that erodes overseas earnings and competition from mobile devices such as the ...

dateJan 26, 2012 in Business
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Nintendo chief promises to do Wii U launch right

(AP) -- Nintendo's chief is determined to get right the launch of its next game machine, Wii U, set for this year's holiday shopping season, and acknowledged Friday some mistakes with selling its 3DS handheld.

dateJan 27, 2012 in Business
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CEO says Sony is on track for comeback

Sony Corp., the struggling Japanese electronics and entertainment company, is headed in the right direction although its comeback is not yet complete, its chief executive said Thursday.

dateJan 17, 2013 in Business
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Sony reports record annual loss

(AP) -- Sony Corp. racked up a record annual loss of 457 billion yen ($5.7 billion) in its fourth straight year of red ink as the once-glorious maker of the Walkman and PlayStation struggles toward a turnaround ...

dateMay 10, 2012 in Business
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