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Letter from America: Saving Nintendo's bacon

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  • Letter from America: Saving Nintendo's bacon

    Greetings all.
    As we all know, things aren't too rosy at Nintendo Towers at the mo. A point that was well and truly hammered home recently when the company announced that it had reduced its 2013 earnings forecast by £605 million. This mind-boggling shortfall is due to Nintendo's original FY2013 forecast significantly overestimating 3DS and Wii U sales from April '13 to March '14.
    Before we go any further, I should make it clear that Nintendo is in no great danger of going out of business any time soon. Its prior successes has enabled it to amass an Uncle $crooge level of wealth, to the tune of (depending on who you talk to) around £5.3 bn in cash. But unless it wants to divide that fortune up amongst its investors and go home, something clearly needs to be done to remedy its tenuous situation, and that's what we thought we'd have some fun with in our article entitled “How would you save Nintendo's bacon?
    Read more…


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