Tag: losses
Wii U release date revealed as Nintendo announce profit drops
Nintendo have revealed they are still struggling after the rough launch of their Nintendo 3DS console. Posting shoddy financial results for October to December 2011, the veteran gaming company have now admitted to predicting annual losses 3 times higher than…
Olympus Tokyo HQ raided as camera makers face scandal
The Tokyo offices of camera makers and medical suppliers Olympus have been raided by Japanese prosecutors amidst allegations of an accounting scandal. Part of an ongoing investigation, accounting discrepancies were brought to public attention by the company's former chief executive…
Spotify announce big 2009 losses, but does it matter?
Spotify have revealed their financial accounts for 2009, and it makes for a very interesting read indeed. Spotify Limited, the UK based arm of the music streaming service which also acts as the company's main sales body, revealed 2009 revenues…
