Nintendo shares take a tumble

satoru-iwata

Unsurprisingly Nintendo’s share prices took a fall as the company failed to deliver on their sales projections.

Having only yesterday released their fiscal 2013 financial results, the company reported an operating loss of 36.4 billion yen which proved far worse than estimates.

This resulted in a natural loss of confidence from investors, with share prices tumbling by 5.9 percent.

Nintendo have signalled their intent to regain ground through a strong first-party line-up for Nintendo 3DS, whilst solidifying plans to deliver first-party Wii U releases throughout the latter half of the year.

[Thanks Reuters]

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