29th July 2011, 12:31 AM
In more financial news, Nintendo's stock dropped about 20% in reaction to the bad financial news, which means that Yamauchi, who still owns 10% of Nintendo, lost $500 million in a single day... (he is, remember, one of the richest men in Japan)
Also, Iwata's taking a 50% pay cut, and other top executives 30% pay cuts, in response to the poor results.
Also, Iwata's taking a 50% pay cut, and other top executives 30% pay cuts, in response to the poor results.