Items tagged with (tyo:7974)
It's still to be determined what impact Pokemon Go will have on Nintendo's bottom line, but whatever money it brings in will affect future earnings. Pokemon Go arrived too late to bolster Nintendo's three month period ended June 30, 2016. As a result, it posted an operating loss of 5.13 billion yen (around $48.5...
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Nintendo Stock Plummets As Investors Finally Realize Company’s Limited Stake In Pokemon Go’s Success
Investors eager to ride what they assumed was the gravy train created by Pokemon Go didn't do their due diligence before rushing out to buy shares of Nintendo. Not that Nintendo minded—its market capitalization more than doubled to 4.5 trillion yen ($42.5 billion) as its share price shot up since Pokemon Go released...
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Nintendo is hoping to make a splash in the game console market with its forthcoming NX system, one that can generate the kind of the reception the original Wii did rather than the Wii U, but just how big of a splash is anyone's guess at this point. We're still trying to figure out what "brand-new concept" it will...
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Last summer, it leaked out that Nintendo was planning to release an ambitious non-gaming product, one that monitors your QOL, or Quality Of Life. Being a company that's integrated to the core of video gaming, the development of a QOL product came completely out of left field. As we can now see, it might be a little...
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Nintendo finds itself in a bit of a tough spot. At one time the king of the home console market, Nintendo's modern generation hardware just isn't keeping pace with the competition in terms of sales, and as a result, profits are down. How far down depends on what you're comparing them with—net profit for the quarter...
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Nintendo hasn't been real forthcoming with details about its next-generation console codenamed "NX," but in lieu of official information, there's been plenty of rumors and speculation. One of the latest bit of speculative news to hit the web is that Nintendo is on target to launch its NX handheld by the end of the...
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The cost of entry to own a modern generation DS console has been lowered to a Benjamin. Actually, just shy of a Benny -- Nintendo dropped the price of its 2DS handheld to $99.99, down from its previous suggested retail price of $129.99. And in case you're wondering, yes, it still comes bundled with Mario Kart 7 (in digital form).
"At a
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Nintendo developed an unfortunate habit of posting losses for the most of the past several quarters, though for the first time since 2011, the company can call itself profitable on an annual basis again. Specifically, Nintendo recorded net income of 41.8 billion yen (around $350.6 million in U.S. currency) for its...
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