Wii (Wii)Nintendo shares tumble despite stellar earnings
Reuters - January 28, 2008
Submitted by ItachiItachi (463)
at 7:03AM PST on January 28, 2008
Investors have also been concerned about the impact of a weaker dollar versus the yen, which erodes the profits of exporters like Nintendo when repatriated into the Japanese currency.
The dollar traded on Monday around 106.56 yen, after touching a low of 104.95 yen last week -- the weakest since May 2005.