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Can Nintendo Overcome Wii U's Q1 Flop?
Thursday, April 25, 2013 - 11:47am | 653Last fall, Nintendo (OTC: NTDOY) projected that it would sell 5.5 million Wii U consoles by the end of March. In February, The New York Times reported that Nintendo had reduced its sales expectations to just four million units. This week IGN reported that Nintendo was unable to meet that goal....
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Is Nintendo Giving Up on Wii U?
Sunday, March 31, 2013 - 10:28am | 500After the massive success of the original Wii, Nintendo (OTC: NTDOY) was expected to develop a popular successor. Thus far, the company has failed. Despite the sales declines, Nintendo execs had vehemently fought against the prospect of developing software for smartphones. PC downloads were also...
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Nintendo Must Sell 500K Wii U Games to Recoup This Loss
Thursday, March 14, 2013 - 3:38pm | 668Nintendo (OTC: NTDOY) lost a patent infringement case this week after a federal jury found that the company infringed on display technology invented by a former Sony (NYSE: SNE) employee. The technology was initially invented by Seijiro Tomita. According to Reuters, Tomita was awarded $30.2...
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Why PlayStation 4 Will Dominate the Next Generation
Sunday, February 24, 2013 - 7:06pm | 610Between Nintendo's (OTC: NTDOY) Wii U, Valve's Steam Box, Microsoft's (NASDAQ: MSFT) mysterious console and Sony's (NYSE: SNE) PlayStation 4, the game industry is about to get very crowded. More than 240 million individuals purchased the last three game consoles (Wii, Xbox 360 and PlayStation 3),...
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Will Steam Box Kick Sony, Microsoft or Nintendo Out of Gaming?
Saturday, February 23, 2013 - 9:35am | 652In Star Wars, Yoda famously said that there were only two Sith Lords -- "No more, no less; a master and an apprentice." His words held true for the game industry for several years. Sega and Nintendo (OTC: NTDOY) successfully prevented Panasonic (NYSE: PC), Philips, NEC Corporation and other...
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More Than 240 Million Consumers Could Buy PlayStation 4, Xbox 720, Wii U
Sunday, February 10, 2013 - 6:49pm | 474It might be hard to tell when looking at the sales figures for Nintendo's (OTC: NTDOY) latest game machine, but the console game market is actually growing. In fact, it has been growing for more than 20 years. According to VGChartz, which chronicles the lifetime sales figures for almost every...
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Is the Wii U Game Onslaught Too Little, Too Late?
Saturday, February 9, 2013 - 4:03pm | 908With every passing month, new reports suggest that Nintendo (OTC: NTDOY) may be unable to recover from the lackluster Wii U sales figures. To be fair, three million units is nothing to sneer at. Startups and smaller corporations would be overjoyed to sell three million units of anything in three...
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Wii U Launch Sales Disappointed Activision Executives
Friday, February 8, 2013 - 5:08pm | 455Nintendo's (OTC: NTDOY) latest console is off to a rocky start, selling only 3.19 million units since it was released last November. According to The New York Times, Nintendo expects that it will have sold no more than four million units through March -- nearly 30 percent less than the company's...
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PlayStation 4 Could Retail for More Than $400
Friday, February 8, 2013 - 3:21pm | 662PlayStation 3 set records as one of the most expensive game consoles ever released. When Sony (NYSE: SNE) shipped the console in 2006, it offered two different packages, one at $500 and another at $600. Since the former was only available in limited quantities, most consumers ended up buying the...
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Can Microsoft's Xbox 720 Withstand an Early Assault from Sony's PlayStation 4?
Sunday, February 3, 2013 - 5:16pm | 623Microsoft (NASDAQ: MSFT) is expected to unveil its third game machine at the Electronic Entertainment Expo (E3) this June. While many had hoped that this announcement would be accompanied by a similar unveiling from Sony (NYSE: SNE), company execs have all but denied that PlayStation 4's release is...
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Nintendo's Value Declined 77% in Five Years
Wednesday, November 21, 2012 - 4:08pm | 561Six years ago, Nintendo (OTC: NTDOY) was on top of the world. The company had overcome two console blunders (Nintendo 64 and GameCube, both of which lagged behind in sales to their competitors), and released a new console -- Nintendo Wii -- that would go on to sell 97 million units worldwide....
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GameStop to be Flooded with Used Wii U Games
Tuesday, November 20, 2012 - 12:19pm | 642On November 24, hundreds of used Wii U games could be dumped onto unsuspecting GameStop (NYSE: GME) locations all over the country. The dumping may be caused by a deal between Old Navy and Nintendo (OTC: NTDOY). The Gap-owned (NYSE: GPS) specialty retailer is giving away free copies of New Super...
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GameStop Denies Rumor It Will End Midnight Launches
Monday, November 19, 2012 - 3:20pm | 771Midnight launches might be a thing of the past for GameStop (NYSE: GME). A person familiar with the video game retailer told Benzinga that it might cut back or end its midnight game and console launches in 2013. A company spokesperson adamantly denied the claim. GameStop recently promoted the...
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Nintendo Wii U Sales to Exceed Predecessor
Monday, November 12, 2012 - 12:18pm | 668Nintendo's (OTC: NTDOY) latest console, Wii U, is expected to outperform its predecessor when it is released on November 18. IHS (NYSE: IHS) researchers estimate that global sales of the new console will reach 3.5 million units by the end of December 2012. The original Wii sold 3.1 million units...
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Has Nintendo Beat Apple to iTV?
Thursday, September 13, 2012 - 1:51pm | 358Nintendo's (OTC: NTDOY) new console may be short on popular games, but it contains a surprising feature that could severely tarnish Apple's (NASDAQ: AAPL) plans for a new television set. Earlier today Nintendo announced that in addition to its gaming features, Wii U will also come with a brand-new...