Connect with us

Hi, what are you looking for?


Nintendo Shares Drop To 5-Month Low

Nintendo have announced there quarterly earnings report and despite bringing in over $500 million in profits, shares in the company have dropped to a 5-month low. Shares for the company dropped 2.3% to 22,625 yen, the lowest since August 2016.

The two biggest factors are due to Nintendo announcing a cut to their full-year profits by a third and due to the disappointing sales of Super Mario Run. While the game had a very high download rate, only 5% of players actually downloaded the full game.

The biggest event coming for the company is the release of the Switch on March 3. The company has noted that they will be sold at a profit on day one.

Advertisement. Scroll to continue reading.

You May Also Like


Keen Software House have released update 1.181 for their popular space game Space Engineers. This new update fixes major multithreading issues and performance optimizations....


The latest issue of Famitsu has revealed that Big John Games is developing a new game in their Cube Creator series titled Cube Creator...


In what is one of the holy grails for NES collectors, a Nintendo M8 demo unit has been put up for sale on eBay....


The latest issue of V-Jump has confirmed the first two DLC characters for Dragon Ball FighterZ will be Broly and Bardock. Broly will feature...