Nintendo CEO cuts salary in half

Nintendo CEO cuts salary in half

January 29, 2014

Nintendo acknowledges being to blame for low Wii U salesNintendo’s financial results have brought few surprises.

The company, which will officially present its new strategy tomorrow, has reported a 30% drop in net profits to $ 99 million and an 8.1% drop in revenue. Between April and December 2013 – including the Christmas campaign – Nintendo has only sold 2.4 million units of its Wii U.

It’s the third year in a row that Nintendo has posted losses.

via Nintendo CEO cuts the floor in half – Silicon News.

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