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Nintendo Favors Europe Due to Weak US Dollar

timeOday (582209) writes | more than 6 years ago

Nintendo 0

timeOday (582209) writes "The LA Times is reporting that the new Nintendo Wii Fit is hard to find on US shelves, due not only to strong demand but also the United State's declining status in the world economy: "[Nintendo] is also is shrewdly maximizing its profit by sending four times as many units to Europe, reaping the benefits of the strong euro," says Michael Pachter, an analyst with Wedbush Morgan Securities. "The shortage demonstrates one consequence of the weak dollar. We're seeing companies ignore their largest market simply because they can make a greater profit elsewhere.""

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