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An anonymous source has supposedly told one website that EA’s relationship with Nintendo was crippled shortly after the launch of Wii U. "Nintendo was dead to us very quickly," an ‘EA source’ told CVG when asked about the publisher’s sudden change of heart following Wii U’s arrival. "It became a …
Read More »Pokemon Bank launches in some Asian markets
Nintendo has confirmed that the delayed Pokemon Bank service has been officially launched in some regions. Specifically, Nintendo of America confirmed its availability in certain Asian countries”, adding that updates on availability in other regions” will follow at some point in the future. The 3DS app was supposed to launch …
Read More »Now Amazon drops Wii U to £180
A second retailer has significantly cut its Wii U asking price. After Argos this morning cut the Wii U Premium Nintendo Land bundle to 179.99, Amazon has now gone ahead and price matched the deal. Amazon routinely does this, of course, having matched various 199.99 Wii U bundles and even …
Read More »Nintendo shares drop 18% after forecasts are slashed
Shares drop to less than 12,000 yen on Tokyo Stock Exchange
Read More »Nintendo’s share price tumbles; Down 83% compared to 2007 peak
18 per cent was wiped off the value of Nintendo o the Tokyo Stock Exchange following last week’s turbulence. The company’s share price opened at 12,180 this morning having closed at 14,645 on Friday. Nintendo’s price is down 25 per cent compared to the 16,130 it was trading at on …
Read More »Iwata: "It’s not as simple as moving Mario onto smartphones"
Becoming a third party publisher is not the easy answer to reversing Nintendo’s ongoing problems, president Satoru Iwata has argued. Iwata vowed not to resign earlier today after Nintendo cut its sales predictions for Wii U and 3DS, leading Michael Pachter to call for the platform holder to take its …
Read More »Pachter calls for Nintendo to go third party
Nintendo needs to bring its rich slate of IP to rival platforms, US analyst Michael Pachter has said. The call to go third party comes following today’s significant sales forecast revisions from the platform holder and the insistence from president Saturo Iwata that he will not resign. The Wii U …
Read More »I will not resign, pledges Iwata
Nintendo president Satoru Iwata has pledged to fight on in his battle to return Nintendo to profitability. Yahoo News reports that the exec told shareholders in a meeting this morning that his failure to return the platform holder to profitability – as he had previously pledged last year – does …
Read More »Nintendo cuts Wii U sales forecasts from 9m to 2.8m
Console firm expects year-end loss of of £146m
Read More »Nintendo slashes Wii U sales forecast from 9m to 2.8m
The reality of the challenge confronting Wii U has finally struck Nintendo. Having throughout 2013 steadfastly stuck to its 9m unit sales forecast for the console for the current financial year, the platform holder has at last reduced that prediction. It now says it will likely sell just 2.8m Wii …
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