Industry News - Page 4

News: Wii U Hardware Still Being Sold At A Loss

Wii U Hardware Still Being Sold At A Loss

Don't hold your breath for a price cut

Nintendo usually likes to sell its hardware at a profit, right from day one — something which sets the company apart from the likes of Sony and Microsoft, who have traditionally taken massive hits on hardware in the hope that software sales will make up the deficit. However, a Nintendo representative...

News: Iwata Looking To Return To "Nintendo-Like Profits" This Financial Year

Iwata Looking To Return To "Nintendo-Like Profits" This Financial Year

"Our basic strategy is the expansion of the gaming population"

Nintendo's lavishly-illustrated 2013 Annual Report is now available for download, and comes filled with all kinds of numbers and figures relating to the company's financial well-being. However, it also features a message from Nintendo President Satoru Iwata, who states that it is his...

News: Nintendo Most Likely To Produce Gaming-Centric Tablet, Says Game Designer Jesse Schell

Nintendo Most Likely To Produce Gaming-Centric Tablet, Says Game Designer Jesse Schell

"Who knows what Nintendo has up its sleeve, right?"

Game designer, author and CEO of Schell Games Jesse Schell has been speaking to Games Industry International about the future of the games market, and has delivered a few home truths about where he feels we're headed. Schell — who graduated with a Masters of Science in Computer Networking and...

News: Report Suggests You'll Soon Be Able To Purchase Nintendo Titles Via Your Phone Or PC

Report Suggests You'll Soon Be Able To Purchase Nintendo Titles Via Your Phone Or PC

Nintendo outlines its digital future

Nintendo is taking the online side of its business very seriously — little wonder when you consider that it has just reported a 150% increase in download revenue compared to last year — and the next phase of its plan will allow users to purchase Wii U and 3DS content using platforms other than their consoles...

News: Nintendo's First Quarter Financial Results Boosted By 3DS Performance

Nintendo's First Quarter Financial Results Boosted By 3DS Performance

Despite operating loss and Wii U struggles, no change in profit projections

A few months ago Nintendo released its annual financial results, which saw the company make an overall profit but an operational loss, meaning its business had been partly bailed out by economic instruments, as opposed to profiting from selling video games and hardware...

News: Nintendo Feels That Working On Smartphones And Tablets Would "Decrease Brand Value"

Nintendo Feels That Working On Smartphones And Tablets Would "Decrease Brand Value"

"You can’t get a true feel for Mario on smartphone or tablet"

Once upon a time — year ending March 31, 2009, to be precise — Nintendo managed to post a profit of 555.2 billion yen. Those days feel like a lifetime away now, what with the Wii passing into memory and its successor — the Wii U — struggling to sell in meaningful quantities...

News: Kotick's $8.2 Billion Buyout Makes Activision Independent

Kotick's $8.2 Billion Buyout Makes Activision Independent

Vivendi's stake reduced to 12 percent

Call of Duty publisher Activsion Blizzard is to become independent following a $8.2 billion buyout spearheaded by CEO Bobby Kotick. Kotick — along with co-chairman Brian Kelly — has formed an investment group which will purchase 172 million shares in the firm, worth $2.34 billion. The publisher itself will...

News: Departing Eidos Montreal Boss Says Square Enix "Has Some Things To Learn" About Selling Games

Departing Eidos Montreal Boss Says Square Enix "Has Some Things To Learn" About Selling Games

"Last year...we didn't hit a single home run"

Eidos Montreal general manager Stephane D'Astous has parted company with the studio he founded, voicing his concerns about how parent firm Square Enix is running its business. The news broke of D'Astous' departure yesterday, and he has since spoken to Polygon to give a little more detail behind the...

Rumour: Nintendo Is Shaping Up To Acquire Troubled Atlus

Nintendo Is Shaping Up To Acquire Troubled Atlus

Could the esteemed Shin Megami Tensei developer become an in-house studio?

Atlus may be riding high on the success of Shin Megami Tensei IV, but its parent company Index is in serious financial trouble and is likely to begin auctioning off its assets — Atlus included — as early as this week. Interestingly, there are rumours circulating that...

News: Atlus Parent Company Reportedly Preparing To Sell Operations

Atlus Parent Company Reportedly Preparing To Sell Operations

Process could begin next week

As we reported recently, Atlus' parent company Index is in financial difficulty, having "civil rehabilitation proceedings" in Japan to resolve problems with substantial debts. To date the operations of Atlus have been unaffected by these issues, yet the process with Index is now reportedly moving onto significant next...

News: Ubisoft: Nintendo Has The Brand Power To Turn Wii U Around

Ubisoft: Nintendo Has The Brand Power To Turn Wii U Around

CEO Yves Guillemot is a fan of second-screen gaming

The whole Rayman Legends saga has sullied Ubisoft's name with a lot of Wii U owners, but the fact is that the French publisher has stuck with Nintendo's console for longer than most. Watch_Dogs and Assassin's Creed IV Black Flag — two of the company's biggest 2013 releases — are both destined...

News: China Ready To Finally Lift Game Console Ban

China Ready To Finally Lift Game Console Ban

There will be rules, naturally

China is perhaps on its way to becoming the most powerful economy in the world and hosted the Olympic Games as recently as 2008, and yet it can be easy to forget how different life is in the Communist state. While it's a country becoming increasingly open to some Western influences — inevitable as it bids for...

News: Investment Expert Feels Nintendo Earnings Miss Will Trigger Multi-Platform Approach

Investment Expert Feels Nintendo Earnings Miss Will Trigger Multi-Platform Approach

Investors should buy now and reap the benefits later

Global investment firm Jefferies & Co's Atul Goyal has recommended that investors pick up Nintendo shares in the expectation of big profits should the Japanese company fail to meet its proposed operating profit of 100 billion Yen. Goyal's opinion is that Nintendo's failure to meet its targets...

News: Pachter: Nintendo Has Lost Its "Mojo"

Pachter: Nintendo Has Lost Its "Mojo"

Analyst questions why anyone would buy a Wii U

Wedbush Morgan analyst Michael Pachter has once again passed judgement on the Wii U, and has delivered perhaps his most damning assessment of Nintendo's console yet. Speaking to ABC's News 10, Pachter questioned why anyone would even consider picking up the console, aside from the (rather significant)...

News: Wii U Turned Ubisoft On To Second-Screen Gaming, But Isn't The Focus Moving Forward

Wii U Turned Ubisoft On To Second-Screen Gaming, But Isn't The Focus Moving Forward

Publisher now committed to "new gen" Microsoft and Sony platforms

These days we're seeing more and more console games shipping alongside companion mobile or tablet applications which aim to broaden the experience. If Ubisoft has its way, that trend is not only set to continue, but will develop to the point where "second-screen" gaming is...