nintendo

Nintendo’s loss for the first six months of 2011: $923 million

Published on: 8th November, 2011

The first half of this fiscal year has shown a significant loss for Nintendo and this could be the first loss in a thirty years history. The loss reached ¥70.27 billion, about $923 million, in a six months period that ended on the 30th of September and comes after a ¥2.01 billion loss a year [...]

Nintendo chief says the company will rely less on itself to sell systems

Published on: 2nd May, 2011

Satoru Iwata, Nintendo’s chief, present at an investor summit, had to admit that his company had leant too much on its own games and marketing in order to drive console sales. After a 66 percent decline in profit attributed to Wii sales, the company’s CEO wished Nintedo had relied on someone from the outside to [...]

Nintendo 3DS record sales to be unveiled on April 14

Published on: 4th April, 2011

Media found out from Nintendo that the 3DS launch had been very successful and had set a record for the best first-day sales in the history of the company. In its try to dampen concerns related to the black screen of death, the company has announced the sales were the highest of any hand-held system [...]

Nintendo accuses iPhone and Android for devaluating games

Published on: 5th March, 2011

Satoru Iwata, Nintendo’s chief, at the recent Game Developers Conference talk, launched an attack against the iPhone and Android for their effect on gaming. He did not explicitly mention Google or Apple by name but was very critical and said that gaming for them was strictly incidental and they did not have any motivation to [...]

No online game store available until May for Nintendo 3DS

Published on: 3rd February, 2011

Nintendo’s chief Satoru Iwata said at an investor conference that the 3DS console launch would not have its browser or the online store ready for the event. The possibility of Internet downloads would not exist until at least in May, when the first major update of the system is scheduled. The Japanese console maker had [...]

Nintendo plans to sell 4 million 3DS consoles by March

Published on: 26th January, 2011

Satoru Iwata, Nintendo’s president, has said that his company is committed to ship four million 3DS consoles by the end of March, all around the world. In an interview with the Japanese edition of the Wall Street Journal, he said that about 1.5 million units would be sold in Japan. Iwata offered these details at [...]

Apple lost chances to get Kinect technology

Published on: 8th November, 2010

Apple did not use the appropriate approach to negotiations and this may have cost it a technology that is now powering Microsoft’s Kinect. Inon Beracha, CEO at PrimeSense, the creator of the technology, explained that he had first addressed to Apple with the new technology, but the company had required signing some “crippling” legal deals [...]

Nintendo 3DS to ship after holidays, negative effect on company’s results

Published on: 5th October, 2010

Nintendo has delayed the promised launch of its 3DS and warned that this delay would hurt the results of the company. The handheld is 3D-capable and is scheduled to reach Japan late after the holidays, on the 26th of February 2011. It will cost $299 equivalent. North American countries should get it in March. The [...]

Nintendo to lose sales chief due to iPod effect

Published on: 25th September, 2010

Nintendo has announced that Cammie Dunaway, its executive vice president of sales and marketing, was leaving the firm as a possible sign of shakeup due to its struggling game business and virulent competition with Apple. The Nintendo veteran will leave the company on the 1st of October and is supposed to receive a position outside [...]

Nintendo’s Wii successor to use 3D

Published on: 21st June, 2010

Satoru Iwata, Nintendo’s President, said to Japanese daily Nikkei that like the recent 3DS console, the next Wii model might have 3D capabilities too. The company is carefully watching the buying rate of 3D TV sets. The next Wii version would be released at the moment when the adoption rate for 3D TVs would reach [...]

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