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27 Oct 2011 14:20

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Biz: Nintendo hurting over first projected annual loss in company history

  • ¥20 billion loss projection for Nintendo this fiscal year source
  • » That’s about $264 million: The iconic video game company has been struggling recently, suffering from a critical lack of technology advancement in their console market (those Wii graphics looked behind the times when it first came out, and now… yikes), as well as their Nintendo 3DS handheld underperforming against corporate estimates. It’ll be a while Nintendo will have to ride out before they actually launch a proper, new console system — the Wii U isn’t slated to launch until sometime next year (this fiscal year ends March 2012).
Posted by Chris Tognotti • 0 Comments • Permalink

28 Jul 2011 10:43

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Tech: Signs the 3D fad is over: Nintendo drops 3DS price significantly

  • $80 price drop after only five months on the market source
  • » Poor sales might be the cause: Amid reports that 3DS sales are roughly 39 million units off of projected forecasts, the device, noted for its unique 3D screen (which does not require glasses, by the way), is dropping from $249.99 to $169.99 next month. The 3DS, while well-reviewed, faced a number of problems at launch, including bad timing — with the console having just come out before the devastating earthquake hit Japan, Nintendo’s home and a key sales market. On top of all that, Nintendo is facing unprecedented competition in the portable market, what with mobile phones getting in on the territory Nintendo exclusively dominated for years. Oh, and 3D is hard on the eyes. That seems like a good reason.
Posted by Ernie Smith • 0 Comments • Permalink

16 Jun 2011 13:53

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Tech: Robin Williams is definitely a bigger Zelda fan than you

  • Robin Williams has been into Legend of Zelda since the ’80s. And in this new ad for the 3DS version of the Nintendo 64 classic Legend of Zelda: Ocarina of Time (one of the best video games ever), Robin Williams is their poster boy. He’s a pretty big fan, apparently, and he has the proof. Check it out. source
Posted by Justin Jones • 0 Comments • Permalink
 
 
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