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Nintendo Operating Loss First Ever
APRIL 27, 2012 ● Nintendo Co. Ltd. reported its first ever Nintendo operating loss, ¥37.3 billion ($460 million) for the fiscal year ending March 31. Although its Wii system has been a big hit in recent years past, the move by consumers to embrace smartphones and tablets as mobile game devices has hit the gamemaker’s business. Instead of selling 13 million Wiis Last year as originally expected, Nintendo saw only 9.8 million sold. Similarly, 13.5 million…..
Nintendo Network for Console Platforms
JAN. 30, 2012 • During a financial conference call, Nintendo Co. Ltd. announced it would launch its own console network platform. The new Nintendo Network will support the Nintendo 3DS and the Wii U. Unlike the Nintendo Wi-Fi Connection, which has been focused upon specific functions and concepts, the Nintendo Network will provide a fuller selection of services to consumers including competitions and communication between users, as well as the sales of digit…..
Nintendo 3DS Sales Reach 6.68M
OCT. 27, 2011 • Nintendo 3DS sales reached 6.68 million units since the system’s February launch in Japan. To boost sales, the suggested retail price was dropped to $180 from $250 last August. Nintendo said that it had sold 8.13 million units of 3DS software worldwide to date. By March 2012 the company projects it will have sold 16 million 3DS systems, and 50 million software units, the latter a reduction from the originally estimated 70 million units……
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