Nintendo Takes Loss, Will Reveal 3DS Price in September

Nintendo posted a rare quarterly loss on Thursday, attempting to put a silver lining on the news by telling Bloomberg that it will unveil the details of its anticipated 3DS in September. The gamemaker lost $289 million over the last three months, which it blamed on a strong yen and a decline in demand for […]

Nintendo posted a rare quarterly loss on Thursday, attempting to put a silver lining on the news by telling Bloomberg that it will unveil the details of its anticipated 3DS in September.

The gamemaker lost $289 million over the last three months, which it blamed on a strong yen and a decline in demand for Nintendo DS software. Nintendo said it was on track to make a profit for the fiscal year overall, telling Bloomberg that it will release both the Nintendo 3DS and the missing-in-action Wii Vitality Sensor before March 2011.

Moreover, a Nintendo spokesperson told the financial news site that the company will announce the pricing, shipment numbers and release date for the 3DS on September 29.

With DS software sales taking a nosedive, it would seem to be the perfect time for a new handheld.

Nintendo Posts First-Quarter Net Loss [Bloomberg]