View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
November 18, 1993

NINTENDO SUFFERS FIRST DROP IN EARNINGS

By CBR Staff Writer

Sega Enterprises Ltd has been running such rings around Nintendo Co Ltd of late that the once unchallenged king of the video games industry suffered its first drop in earnings in 10 years in the first half of this fiscal, with pre-tax profits off 24% at the equivalent of $576m; the company blamed the sharp appreciation of the yen, but it is also regarded as relying too much on exports and software sales.

Websites in our network
NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
I consent to New Statesman Media Group collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED
THANK YOU