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Video: Video: Nintendo Reports Loss On Shaky Wii U Sales

Video: Nintendo Reports Loss On Shaky Wii U Sales

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Nintendo sank to a worse-than-expected loss for the fiscal first quarter on lagging Wii U and 3DS video-game machine sales. Nintendo has been fighting to maintain profits amid competition from games and social media apps on smartphones and other mobile devices. The company also faces competition from rivals Sony Corp. and Microsoft Corp., which are aggressively pushing their game machines with holiday shoppers. Read More >>


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Video: Video: Nintendo Reports Loss On Shaky Wii U Sales

Video: Nintendo Reports Loss On Shaky Wii U Sales

Nintendo sank to a worse-than-expected loss for the fiscal first quarter on lagging Wii U and 3DS video-game machine sales. Nintendo has been fighting to maintain profits amid competition from games and social media apps on smartphones and other mobile devices. The company also faces competition from rivals Sony Corp. and Microsoft Corp., which are aggressively pushing their game machines with holiday shoppers.

Read More >>
Video: Video: Nintendo Posts A Loss Despite Wii U Sales Tripling During The Quarter

Video: Nintendo Posts A Loss Despite Wii U Sales Tripling During The Quarter

Nintendo’s quarterly results are out and the company saw disappointing sales of both its hardware platforms, with the Wii U managing to triple sales but still only achieving 510,000 units shipped overall, and the Nintendo 3DS dropping below a million units moved with a 41 percent decline in sales year-over-year.

Read More >>
Video: Video: Nintendo Posts A Loss Despite Wii U Sales Tripling During The Quarter

Video: Nintendo Posts A Loss Despite Wii U Sales Tripling During The Quarter

Nintendo’s quarterly results are out and the company saw disappointing sales of both its hardware platforms, with the Wii U managing to triple sales but still only achieving 510,000 units shipped overall, and the Nintendo 3DS dropping below a million units moved with a 41 percent decline in sales year-over-year.

Read More >>
Video: Video: With PlayStation Network, Sony Goes Back To The Future In Search Of Revival

Video: With PlayStation Network, Sony Goes Back To The Future In Search Of Revival

Japan's Sony Corp is hammering out plans to rise from the ashes of nearly $10 billion lost in six years by building a future around its last consumer electronics blockbuster - the PlayStation. Sony plans to reposition the video console warhorse as a hub for a network of streamed services, according to three senior officials, offering social media, movies and music as well as games.



Read More >>
Video: Video: With PlayStation Network, Sony Goes Back To The Future In Search Of Revival

Video: With PlayStation Network, Sony Goes Back To The Future In Search Of Revival

Japan's Sony Corp is hammering out plans to rise from the ashes of nearly $10 billion lost in six years by building a future around its last consumer electronics blockbuster - the PlayStation. Sony plans to reposition the video console warhorse as a hub for a network of streamed services, according to three senior officials, offering social media, movies and music as well as games.



Read More >>
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