Weaker Wii Sales: Nintendo’s Profit Drops For First Time In 6 Years

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Loyalty only pays so many bills!

Nintendo in Japan released its annual fiscal report today, and even though pretty much every financial key figure took a nose dive, things still look pretty good on the whole. The company racked up $15.2 billion in revenue last financial year (which ended March 31, 2010), down 22% from last year. Operating profit dropped 36% to $3.8 billion, while net profit – for the first time in six years – dropped to $2.4 billion, compared with $2.9 billion a year earlier…

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