The house that Mario built seems to be falling apart. Nintendo (NASDAQOTH:NTDOY) announced earlier this week that sales are going to come in horrendously lower than it ahd expected--instead of a $957.7 million operating profit, it will be hit with an operating loss of $335.2 million. In addition, sales of its Wii U remain low, and its handheld DS system is losing steam.
In this segment of the Motley Fool's consumer goods show, Consumer Countdown , CG analysts Michael Finarelli and Sean O'Reilly join host Mark Reeth to discuss the future of Nintendo and if its current weakness is a buying opportunity.
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Mark Reeth has no position in any stocks mentioned. Michael Finarelli has no position in any stocks mentioned. Sean O'Reilly has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.