Yes the above picture is mostly unrelated. I just wanted something silly here in light of such sobering news for Nintendo. Besides, is there ever really a bad time for a picture of Miyamoto striking a pose? Don’t answer that.
While it may be a little hard to feel sorry for a billion dollar corporation, the losses between September 2009 and now, compared with the gains of September to December 2008 seems…well, bleak. The earnings report released for Nintendo today showed a 34.5% loss in net sales and 53.4% loss on net income.
Nintendo cites the Wii price drop and the strong yen as culprits in the Nintendo free fall. With the strong showing for the upcoming Christmas season, I’m sure they’ll bounce back in no time.
