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Nintendo slashes sales expectations, blames Germans

  • Published at 02:25:00 PT
  • Reported by Matt Berti
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Citing slow hardware demand in Japan and Germany and strong Japanese currency or something, Nintendo has reported to investors that mid-year profits will be 77% lower that initially expected. Nintendo will supposedly break even, however, after profits are considered from Nintendo's stake in Rare, which were recently sold. Nintendo profits from the $375 million sale were $183 million. The missing $192 million have been spent financing Satoru Iwata's brand new yacht. Gamespot

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