by Trey June
The economic recession, once thought by some to be harmless to the video game industry, has harmed the unharmable.
Nintendo, the biggest name in all of video games, recently reported its first-ever annual operating loss. For the 2011 fiscal year, which ended on March 31, 2012, Nintendo reported a $458 million loss on $7.99 billion worth of sales. This marks a 36 percent drop in total revenue (software and hardware) for the video game giant.
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).
Good, as they should! A game mechanic like that shouldn't be locked behind a patent, and Nintendo didn't invent it either.
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.
Nintendo completed its share repurchase and set its secondary offering price at 8,347 yen ahead of March 16 delivery.
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.
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.
Yes, they had better be pissed after Trump told them the way they rip off the USA is over.
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.
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.
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
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.
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.
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 🤷♂️
The 3ds is mostly to blame for this.
Every company takes a lost some time its part of the business world
Oh noeeezzzzzzz!!
Welcome to the industry, companies lose money, mostly around new hardware releases, give them a few years and they will turn it around. Nothing to see here.
However this post will likely be overlooked by all the "Nintendo is gonna die!!!!11!!!!1!!" posts.
3ds probably but it probably doesn't help they are developing new hardware with a huge marketing campaign getting set up to go.