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Nintendo reports $49M loss as Wii U sales plummet in Q1 2016

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 It’s finally here folks, Nintendo’s quarterly earnings day has never been so anticipated. But the Pokémon phenomenon hasn’t translated into success for the games giant, which carded a $49 million loss (5.13 billion yen) for Q1 2016. Revenue came in at $587 million (62 billion yen), 30 percent lower than Q1 2105. Read More

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