Nintendo Announces First Half FY 2011 Financial Results

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Galaki said:

bmmb1 said:
I think (though I may be wrong) that some of you may be over-attributing these losses to development costs and sales - I am under the impression the that bulk of the losses is due to exchange rate issues, with the difference this time around (vs. the past) that sales were not good enough to offset the exchange rates losses.

I think the exchange rate contribute to over 40% of that $1.3B losses.

They had a net loss of 70000 Million Yen, and had foreign exchange losses of 52000 Million Yen - so its a massive contributor.

But, they had roughly the same amount of foreign exchange losses a year ago and didn't have this kind of loss.....