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Nintendo Hardware Losses Revealed

The Japanese newspaper, Kabushiki Shimbun, ran an article that reveals that the new memory media which will be used in Nintendo DS software will cost 30 to 70 perc...

David Jenkins, Blogger

August 16, 2004

1 Min Read
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The Japanese newspaper, Kabushiki Shimbun, ran an article that reveals that the new memory media which will be used in Nintendo DS software will cost 30 to 70 percent less than the current Game Boy Advance cartridges. The newspaper also notes that Nintendo is currently losing ¥20 billion ($180.8m) each year on Nintendo hardware, but that this loss will be reduced by reusing the production plants for next generation hardware. The newspaper speculated that if Nintendo can reach an operating profit of ¥150 billion ($1.4m) for the current year, the stock price could well rise to ¥20,000 ($181). It is currently around the ¥12,500 mark ($113). Source: GameScience

About the Author

David Jenkins

Blogger

David Jenkins ([email protected]) is a freelance writer and journalist working in the UK. As well as being a regular news contributor to Gamasutra.com, he also writes for newsstand magazines Cube, Games TM and Edge, in addition to working for companies including BBC Worldwide, Disney, Amazon and Telewest.

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