As I was checking the news today I saw an article in The Dallas Morning News (Through the yahoo news thing next to email) this is what it had to say…
With a weak dollar, foreign companies that sell their goods in the U.S. for dollars and then convert those dollars to their native currencies get a smaller profit than if they sell their products in countries with strong currencies of their own (such as Europe with the euro). In other words, Nintendo makes a bigger profit on Wiis sold in Europe than on Wiis sold in the U.S.
After a few questions they said that “Since many consoles have sold in the East, we will begin focusing our sales on the U.S. to supply the almost never ending demand for the Wii [laughs]
So when do you guys think this will end andthe U.S. dollar will get back to normal?