Nintendo Posts $325 Million Loss; Ford Enters India

from National Public Radio

Nintendo is having a tough time as gamers shift to smartphones and the Internet and away from standalone video game devices. Nintendo posted a loss of about $325 million Thursday — its first quarterly operating loss on record. Ford Motor Co., meanwhile, plans to spend about a billion dollars on a new manufacturing plant in India.

Broadcast Dates

• Morning Edition, July 28, 2011