Unlike previous years, Nintendo will not make a major splash at the E3 gaming expo in June.
Speaking to shareholders on Thursday, Nintendo CEO Satoru Iwata confirmed that his company will not hold a major showcase at E3. Instead, his company will focus on smaller presentations centered around its many software titles.
"First, we decided not to host a large-scale presentation targeted at everyone in the international audience where we announce new information as we did in the past," Iwata told investors. "Instead, at the E3 show this year, we are planning to host a few smaller … Read more
Nintendo's profit during its last fiscal year ended March 31 turned out to be half of what the company had expected, thanks to disappointing Wii U sales.
During the 12-month period ended March 31, Nintendo saw sales slide 1.9 percent year-over-year to 635.4 billion yen (about $6.4 billion), off its initial estimate of 670 billion yen. The company's operating loss -- a key measure of performance -- was 36.4 billion yen, substantially higher than the 20 billion yen it expected to post on the year.
The one bit of good news for Nintendo was … Read more
Leaked from today's 404 episode:
- Order a slice of 'za from Da Hut with your Xbox.
- Is it possible to lose weight playing video games?
- Has anyone ever taken a good photo of a live band?
- Michael Bay apologizes for Armageddon.
Another month, another victory for Microsoft's Xbox 360.
Research firm NPD released its monthly game industry sales figures yesterday, revealing that, for the 27th consecutive month, the Xbox 360 was the top-selling console in March, beating out Nintendo's Wii U and Sony's PlayStation 3. According to Microsoft, it sold 261,000 units Xbox 360 units in the U.S. in March. Total consumer spending on all Xbox-related hardware, software, and accessories hit $402 million.
Once again, though, the game industry overall had a down month in March, generating just $992.5 million in physical sales. During the … Read more
Nintendo of America President Reggie Fils-Aime was more than willing to talk about his company's mobile device, the 3DS, in a recent interview. But when it came to the Wii U, he was reportedly awfully quiet.
Speaking to GamesIndustry.biz in an interview published Wednesday, Fils-Aime said that 3DS game sales in the U.S. have "surpass[ed] 20 million units" since the portable's launch in 2011. He was even more excited to point out that digital sales for the platform have accounted for 11 percent of all 3DS software sales.
"So far in 2013 … Read more
Nintendo announced Wednesday that it will be releasing a boatload of new games on its 3DS handheld console.
Not only will there be a host of Super Mario Bros spinoffs, but the game maker also is launching Yoshi's Island, Donkey Kong Country, and The Legend of Zelda series. Based on the games Nintendo is choosing to release, it seems the company is tipping its hat to the Game Boy days of the '90s but tossing in a modern 3D twist. … Read more
Nintendo had yet another bad month in March, according to Wedbush analyst Michael Pachter.
In a research note to investors today, Pachter, who follows the gaming industry about as closely as any other analyst, said he believes Nintendo sold 55,000 Wii U units in the U.S. in March, representing a 17 percent decline compared to February. Perhaps even worse for Nintendo, its old Wii mustered 85,000 unit sales, falling 51 percent year-over-year, but still trumping a device that came out long before its latest.
Pachter, who each month releases his estimates on hardware sales based on channel … Read more
Wii users can soon wave goodbye to a host of services currently available through the game console.
Come June 28, Nintendo will pull the plug on five channels in the U.S., Australia, and other countries, specifically the Forecast Channel, the News Channel, the Everybody Votes Channel, the Nintendo Channel, and the Check Mii Out Channel.
Channels due to disappear in Japan include the the News Channel, the Weather Channel, the Digicam Print Channel, Everyone's Nintendo Channel, the Everyone Votes Channel, and the Mii Contest Channel.
Additionally, Wii users will lose the ability to exchange data with their Wii … Read more
The annual Game Developers Conference, which attracts tens of thousands from the gaming industry, had all of the usual players this year: Nintendo, Sony, EA, Activision, etc. But they weren't the only players in town this week at GDC.
Now, before the serious gamers out there savage me, let me be clear: The Ouya isn't going to be displacing the role of traditional consoles like the PlayStation or the Wii (although the Wii U has gone nowhere). … Read more