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Nintendo reports $49M loss as Pokémon Go halo fails to shine

Nintendo It’s finally here folks, Nintendo’s quarterly earnings day has never been so anticipated. But the Pokémon phenomenon hasn’t translated into success for the games giant, which carded a $49 million loss (5.13 billion yen) for Q1 2016. Revenue came in at $587 million (62 billion yen), 30 percent lower than Q1 2105. Read More

This post is from TechCrunch. Click here to read the full text

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