TOKYO -- Nintendo on Friday posted its net profit for the April-June quarter at roughly half what it was a year earlier as consumers put off console purchases on expectations that the gaming giant is months away from announcing its next-generation machine.
The Kyoto-based company recorded a net profit of 80.9 billion yen ($543 million), down 55.3%, while the company's revenue fell 46.5%, to 246.6 billion yen. Operating profit fell 70.6%, to 54.5 billion yen, for the period.
