Nintendo by the numbers, 3DS the solution?

Nintendo by the numbers, 3DS the solution?

May 7, 2010

  The launch of Nintendo’s fifth iteration of Nintendo DS consoles, 3DS, promises 3D viewing without glasses as the future of Nintendo, says one analyst via the Associated Press. What reports are calling the “worst” and the “rocked by,” Nintendo’s recent profit plunge scrolled across major news wires and television tickers with great...

Market spots videogame sequel frenzy; publishers hopeful

The videogame market is returning to what loyal customers expect; follow-ups to their favourite games. A long list is slated for 2010, and if Mass Effect 2’s two-million in a week performance is any indication; the situation may stay “recession proof.” “What the industry has learned here is that you are going to make money off your best...

Sony declares war on recession

Is Sony finally squirming out of the RED? Sony’s profit pronouncements echo Sony’s presentation at last year’s E3. We are on top of it; restructuring, lower product prices and profits. We might have hit hard times, our position is tenuous; but we’ll always be on top, Sony would say. It seems as much is true, and that Sony has declared...

Nintendo, Sony close week sour

 Currency fluctuations, American and European debt, and a shaking Wall Street landed squarely on the Asian market’s head, Japan experiencing a 6-week slump. Asian stocks dropped sharply at week’s close with poor company forecasts and a nuke-cloud of Western debt slowing global recovery. Financial strategists Yutaka Miura said Japanese investors were...

Japanese investors wait for Obama’s speech, videogame moguls unmoved

As stocks plunge, most Japanese investors cautiously await American President Barack Obama’s Wednesday State of the Union address. Associated Press reports Nintendo and Microsoft as companies less worried. Japanese shares fell for the fourth day straight. Investors paused to wait on a stronger populist tone from Obama. Yutaka Shiraki, senior strategist at...