Nintendo narrows loss in first quarter
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Nintendo narrows loss in first quarter

www.reuters.com   | 25.07.2012.

TOKYO (Reuters) - Nintendo Co Ltd said on Wednesday it posted a smaller first-quarter loss helped by income from software, although diminished sales of its games consoles weighed on results.
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The creator of the Super Mario franchise sold 540,000 DS handheld consoles in the quarter compared with 1.44 million in the same period year earlier. But it sold 1.86 million of its 3DS consoles compared with 710,000 a year earlier.

It stuck to its sales outlook for Wii game machines of 10.5 million for the year to next March and its DS handheld consoles at 2.5 million.

It also stuck to its sales forecast for its 3DS handheld game consoles, saying it expects to sell 18.5 million of them.

(Reporting by Miki Kayaoka and Tim Kelly; Editing by Michael Watson)



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