CHIBA, Japan — Nintendo, with its mobile gaming throne being threatened by games on Apple iPhones, has been planning to fight back with a new hand-held console with a 3-D display.
But Nintendo revealed a hitch to its plans on Wednesday. The company said its new 3DS console would not be available until early next year, tentatively February, meaning it will miss the crucial year-end holiday sales season.
The company also said it was slashing its full-year income forecast to 90 billion yen ($1.1 billion), down from an initial estimate of 200 billion yen. It mainly cited the strong value of the yen against other currencies, which erodes its overseas earnings.
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