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kronas
07-10-2003, 03:12
shares in nintendo nose dived by 6% on news its profits will be in the red for the first of half of this year

the company says it expects a 3bn yen loss (£16.2m ) for the first half of this year

"GameCube is getting beaten by PS2 and XBox," said analyst Takashi Okatani at Shinko Investment Trust Management Co. "GameCube sales have been slowing since last year. The forex issue is an additional blow."

http://news.bbc.co.uk/1/hi/business/3166940.stm

Mark15
09-10-2003, 20:36
but diddnt gamecube sales rise 150% when the price got cut with 7500 sales in a week.

kronas
09-10-2003, 22:42
but diddnt gamecube sales rise 150% when the price got cut with 7500 sales in a week.


i dont know but a short term boost wont do much to improve and make them gain financially as overall game sales is what will make them money.....

Jarandco
11-10-2003, 10:58
well in the usa its the top selling console because of the price drop! amazing what a price drop can do!

and since the ps2 price drop the sales have risen dramatically which to me doesnt make sense cos doesnt nearly everyone that wants a ps2 already have one?! :shrug:

I dont own one but then i dont want one?!

anyway back to the gamecube - we will have to see how the price cut that took effect from yesterday has changed the sales of the cube - the drop in price from argos did help for a while!

we will see but i like my silver cube but i prefer my xbox, but the cubes been getting played a bit more since i got mario sunshine ( yeah i know it was a bit late - but ive got it now! :p)