Nintendo Down, But Not Out

In spite of record earnings and the continued popularity of the Wii, the console maker's shares were down 2%. Most think the dip is temporary
James Mann, 70 of Louisburg, N.C., pitches from his wheelchair while playing a baseball game using Nintendo's Wii gaming system during physical therapy at Wake Med Health Park on April 2, 2008 in Raleigh, North Carolina. Sara D. Davis/Getty Images

Nintendo (NTDOY) President Satoru Iwata didn't have much time to savor his success. On Apr. 25, a day after the Japanese video game maker reported its best-ever earnings and forecast another impressive year ahead, the company's shares were down more than 2%. And in Tokyo, several hundred kilometers north of the company's Kyoto headquarters, Iwata was being grilled by financial analysts and journalists who seemed skeptical that the good times could last for long.

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