Their year - on - year revenue is down 36 %, so no more chucking stacks of money at each other in between meetings.This marks Nintendo's first annual loss for thirty years, the only time it has accounted a year in the red since it began shipping games consoles. (thatvideogameblog.com)
The company has absorbed a blow to revenue as the industry struggled — in 2015 it posted its first annual loss in more than a decade — and it suffered a setback this spring when an attempted merger with rival Baker Hughes fell through. (fortune.com)
Still, coming out of a year when Apple posted its first annual loss in revenue since 2001, and when Mac fans are concerned that the computers are no longer a priority at the company, it's not an encouraging statistic. (businessinsider.com)