Latest in Gaming

Image credit:

Nintendo confirms that it's selling 3DS at a loss, expects that to change

Brian Heater
04.26.12
31 Shares
Share
Tweet
Share
Save

Sponsored Links

Ever since Nintendo slashed the price of the 3DS, there's been plenty of speculation that the gaming giant has been selling the portable console at a loss. The company acknowledged that fact during its disappointing earnings report, stating, "its hardware has been sold below cost because of its significant price cut in the fiscal year ended March 31, 2012," something that's uncharacteristic of the company's past operations. But as with its fairly unfortunate financials, the company plans to turn things around, adding, "Nintendo expects to cease selling it below cost by the middle of the fiscal year ending March 31, 2013."

All products recommended by Engadget are selected by our editorial team, independent of our parent company. Some of our stories include affiliate links. If you buy something through one of these links, we may earn an affiliate commission.
Share
31 Shares
Share
Tweet
Share
Save

Popular on Engadget

The 2019 Engadget Holiday Gift Guide

The 2019 Engadget Holiday Gift Guide

View
Microsoft is adding 10 'Final Fantasy' games to Xbox Game Pass

Microsoft is adding 10 'Final Fantasy' games to Xbox Game Pass

View
'West of Dead' is a fast-paced shooter starring Ron Perlman

'West of Dead' is a fast-paced shooter starring Ron Perlman

View
Xbox Game Pass Ultimate adds Discord, Spotify and EA Access freebies

Xbox Game Pass Ultimate adds Discord, Spotify and EA Access freebies

View
Google will help you pronounce difficult words

Google will help you pronounce difficult words

View

From around the web

Page 1Page 1ear iconeye iconFill 23text filevr