Articles tagged with: yen
Nintendo is already going down the success slope because of poor sales of its recently released 3D gaming console, Nintendo 3DS. This has put Nintendo in some serious trouble. In order to manage the company so that it doesn’t become bankrupt, Nintendo is forced to cut the price of its gaming console in two of the major regions of its availability.
Nintendo 3DS was initially sold for 25000 yen in Japan and for $249-99 in US. It seems that in order to cover the manufacturing costs, Nintendo has reduced the price of their console by as much as 40%. The same console which was sold for 25000 yen would now be available for 15000 yen in Japan and for approximately $150 in US.