Nintendo (NTDOY.PK) slashes its profit outlook for FY13 to ¥6 billion ($75M) from a previous...

|About: Nintendo Co., Ltd. ADR (NTDOY)|By:, SA News Editor

Nintendo (NTDOY.PK) slashes its profit outlook for FY13 to ¥6 billion ($75M) from a previous mark of ¥20B ($250M). While the strong yen is a major factor, concerns over the dour estimates means for sales of the new Wii U gaming console also linger. Related: GameStop (GME -1.6%) looks to the Wii U to drive revenue.