Nintendo has been forced to cut the price of its Wii console
Page last updated at 07:49 GMT, Thursday, 28 January 2010
Nintendo has reported a near 10% fall in profits between April and December last year after sales of its most popular games consoles slowed.
Net profit came in at 192.6bn yen ($2.1bn; £1.3bn), a fall of 9.4% on the 212.5bn yen the firm made a year ago.
Overall sales fell by 23%, from 1.54tn yen to 1.18tn yen.
Increased competition during the downturn meant that Nintendo cut the price of its Wii console, which adversely affected revenues.
It was forced to make the cuts after rivals Sony and Microsoft reduced the price of their Playstation and Xbox consoles.
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