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Nintendo blames Apple’s iPhone for poor DS sales, dipping profits

More bad news reaches the Japanese gaming giant Nintendo who said Thursday it expects fiscal Q1 (calendar Q2) profits to dive 66 percent. The decline is being attributed to the depressed economy, a stronger yen which eats into earnings generated overseas, and a slowdown in Wii and DS sales blamed on Apple’s iPhone and iPod [...]

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Source: http://www.mostreviews.com/reviews/23321