Quantcast

All Posts Tagged Tag: ‘Losses’

Nintendo Reports More Losses As 3DS Doesn’t Perform As Expected

Nintendo shocked the world earlier this year by announcing the first annual loss in the company’s history. The loss was attributed to sluggish 3DS sales, but the company had hoped to return to profitability this year. That doesn’t look like it’s going to happen. Nintendo announced today that its annual net profit forecast has been cut by 70 percent. It’s …

Read More

Yahoo Seeks To Shed Foreign Assets To Offset Losses

Yahoo Inc. is searching for a way to sell or trade-off its’ stake in Tokyo-based Yahoo Japan Corporation. Yahoo Inc. owns about 35% of the Company which specializes in mobile and internet service. After a slow year in internet advertising, and the resignation of co-founder Jerry Yang, Yahoo Inc is seeking to lean out and build ip some capital. Profits …

Read More