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Nintendo Announces First Yearly Loss

Nintendo today reported financial results for the first six months of its current fiscal year (through Sept. 30, 2011), and revised downward full-year financial and unit sales forecasts.

Press Release from Ninentdo

Nintendo today reported financial results for the first six months of its current fiscal year (through Sept. 30, 2011), and revised downward full-year financial and unit sales forecasts.

In total, the company shipped 9 million hardware units and more than 73 million software units during the half year. In addition, Nintendo revised its full-year unit global shipment forecasts as follows, compared with projections at the end of the previous fiscal quarter:

GLOBAL SHIPMENT FORECAST (millions of units)

Previous forecastJuly 28, 2011

Nintendo DS Hardware: 9Nintendo DS Software: 65*Wii Hardware: 12Wii Software: 110*Nintendo 3DS Hardware: 16Nintendo 3DS Software: 70*

Revised forecastOct. 27, 2011

Nintendo DS Hardware: 6Nintendo DS Software: 62**Wii Hardware: 12Wii Software: 100**Nintendo 3DS Hardware: 16Nintendo 3DS Software: 50**

During Q3 and through the rest of the fiscal year, Nintendo and third-party publishers will release several highly anticipated software titles that play exclusively on Nintendo platforms. First-party titles include The Legend of Zelda: Skyward Sword for the Wii console, and Super Mario 3D Land and Mario Kart 7 for the Nintendo 3DS system.

*Forecast announced on July 28 includes units bundled in hardware sets during the June quarter. Forecast units during remainder of the fiscal year are standalone software only.

**Forecast announced on Oct. 27 includes units bundled in hardware sets during the half year. Forecast units during remainder of the fiscal year are standalone software only.

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