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110°

Nintendo Reveals First Quarter Figures

Nintendo have released its earning report for first quarter ending June 30th of this year.

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blog.fancensus.com
Jadedz5055d ago

Hopefully, it'll get better for Nintendo with the 3DS XL model, and their Wii U console launching in a couple of months.

kingofe35055d ago

3DS no longer being sold at a loss, as of today.
http://www.eurogamer.net/ar...

Jadedz5055d ago

Thanks for the information.

DivineAssault 5055d ago (Edited 5055d ago )

what about the XL? will they make or lose money on that $200 system.. Im betting a 80% profit on each unit

kingofe35055d ago

Nintendo intends to sell the 3DS XL for profit but, according to Iwata, the profit margin will not be huge.
http://mynintendonews.com/2...

finite5055d ago

TBH this is nothing compared to Sonys $81 Billion net loss

cuddlemonkey5055d ago

Well Mr grumpy I didn't see Sony mentioned in the article so I don't know why your mentioning them in the comments, let's leave that for the fan boys k!

cleft55055d ago

Seems like Nintendo is on the road to recovering their financial success.

cuddlemonkey5055d ago

But, is the new Wii controller thingy going to be OK? I hope its not five hundred and ninety nine dollars!

DivineAssault 5055d ago

Where in the world do you get $599?? That would mean IMMEDIATE DEATH for them.. & whats the new controller thingy?? The wii u? lol are you being sarcastic or trying to be humorous? That is pretty funny though

cuddlemonkey5055d ago

Well I heard the PlayStation was 599 and its the best ever so someone else said that the Wii iPad thing was even better! So won't the Wii be even more than the PlayStation!? I hope not, I want to play Mario bros on it.

DivineAssault 5055d ago

The PS3 was $599 when it launched 6 years ago.. It had a blueray player, built in wifi, full backward compatability, etc.. It was new & powerful tech unlike anything on the market at the time.. & even that was too damn expensive.. Nothing will cost that much anymore cuz its too risky for the companies to lose money.. The wii u wont cost that damn much & it is more powerful than ps3 but ps3 is SIX years old.. $600 might buy you a Wii U & PS4

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50°

U.S. patent examiner rejects Nintendo’s summoning characters patent as obvious: non-final ruling

The rejection is non-final (and even when such rejections are labeled as “final”, the process is far from over, given that there can be, at minimum, an appeal to the Federal Circuit).

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gamesfray.com
Relientk7756d ago (Edited 56d ago )

Good, as they should! A game mechanic like that shouldn't be locked behind a patent, and Nintendo didn't invent it either.

PRIMORDUS55d ago (Edited 55d ago )

Nintendo wants to keep wasting money on bullshit lawsuits, real smart in this economy. They should put that money aside for other game projects. On the other hand, I don't care if they waste it all either, and they are screwed in the future maybe that will teach them a lesson.

40°

Nintendo Completes Share Repurchase and Sets Price for Secondary Offering

Nintendo completed its share repurchase and set its secondary offering price at 8,347 yen ahead of March 16 delivery.

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4scarrsgaming.com
60°

Nintendo Suing U.S. Government Over Tariffs

Nintendo filed a lawsuit in the United States Court of International Trade.

Nintendo of America is suing the United States government over the sweeping tariffs President Donald Trump put in place last year, according to a complaint filed Friday in the U.S. Court of International Trade and obtained by Aftermath.

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aftermath.site
Deathdeliverer81d ago

Well dayum lol. Old agent orange pissing off every industry and nation.

0hMyGandhi80d ago

The fact that you have ANY disagrees will forever baffle me. And to the (apparent) MAGA contingent that exists on this website, enjoy your 8-9 dollar gas.

AuraAbjure80d ago (Edited 80d ago )

Yes, they had better be pissed after Trump told them the way they rip off the USA is over.

EveryPlatformGamer81d ago

LOL I read this on gaff, will they refund the money back to the gamers? highly unlikely. Didn't they just raise prices and pass it onto the gamers? Only Nintendo would send out the Ninjas to the US government.

-Foxtrot81d ago

That’s what I was thinking, imagine them winning hypothetically, getting a s**t load of money back which they would have lost if they hadn’t raised their prices and it’s business as normal.

It would just mean people paid more for no reason since they got the money back anyway.

Outside_ofthe_Box80d ago (Edited 80d ago )

A lot of companies partially passed the cost to consumers instead of all of it. They would still have to at least pay that back to gamers, but we know that won't happen. What's also sad is that prices won't come back down after the initial hike caused by tariffs.

People didn't understand the full repercussions of tariffs. That alone should have cost him the presidency if people knew it was a permanent price hike for consumers

Inverno81d ago

The people should sue these companies for having to over pay cause of these tariffs.

Eonjay81d ago

Naw they should sue the government for forcing the tax to begin with. No one reasonably expects these companies to absorb the taxes. Many smaller companies tried and were shut down or faced to increase prices to try to maintain their business. The tariffs effect everyone.

Inverno79d ago

I meant it mostly as a joke cause we all know the costs of these tariffs were passed onto the consumer. But it's seems no matter how vocal we are here in the states our "representatives" don't seem to care enough to represent us. And things are about to get worse.

Killer2020UK80d ago

The companies were doing what the law required then to do, the tariffs however were illegally implemented. Usually it's criminals we punish, you seem to have different ideas 🤷‍♂️

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