Nintendo Falls After Halving Profit Goal on Weak 3DS Sales

  • Shares drop as sluggish handheld sales, yen cut earnings
  • The maker of Mario games reduces net income forecast 51%

Nintendo Co. fell in Tokyo after halving its annual profit outlook on weak sales of 3DS handheld players and the impact of a stronger yen, increasing pressure on the company to make its smartphone debut next month a success.

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