Japan - Even the red-hot Nintendo isn't immune to the belt-tightening fear of recession. Just weeks after what was is the biggest part of the year, console sales are down across the board to a shocking low.Compared to this week last year, the Wii is selling barely 42% of its previous total (2008: 26.7k, 2007: 63.5k). However, Sony's PS3 and Microsoft's XBOX 360 are both up several thousand units comparatively, but the Wii's 68% market share means this is a significant contraction indeed.
In a striking reality check, Nintendo (the company with untold billions of cash on hand) saw it's stock drop 12% after it cut its earnings forecast.
Stay right here for the latest and we take a look at how handheld sales are effected.
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