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 of America President Reggie Fils-Aime has only one person he needs to report to now.
Nintendo announced Wednesday that Nintendo of America Chairman and CEO Tatsumi Kimishima will move to Japan to assume the role of general manager of Corporate Analysis and Administration and general manager of General Affairs at Nintendo Co., parent company of Nintendo of America.
Fils-Aime, who has for years been the face of Nintendo of America in the U.S., will remain on as president and COO of the subsidiary, but will not assume the role of CEO. Instead, Nintendo Global chief Satoru Iwata will … 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
The next time you mash buttons on a video game controller, keep in mind that there's more than half a century of innovation behind the venerable input device.
To remind you of this fact, Pop Chart Lab's eye-catching poster, titled "The Evolution of Video Game Controllers," sheds light on the incredible technological progression of controller hardware. You'll probably never again see more joysticks, knobs, and buttons in one place -- well, unless you're hanging around CNET producer Stephen Beacham's retro video game console patch bay.… Read more
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
The battle for the future of television is just beginning, but it looks to be a long one. One of the key players is Microsoft, which has spent the past several years morphing its Xbox 360 from a straight-up gaming console into one of the best video-streaming boxes you can buy.
Of course, the current Xbox 360 is getting long in the tooth, and the next-generation model is expected to be announced soon, and to be available as early as the end of 2013. And TV services look to be just as central to the core of that device as … 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