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Nintendo to make loss on each 3DS after price cut

Nintendo to make loss on each 3DS after price cut

Posted on Aug 01, 2011 by MG1

Nintendo's decision to slash the price of its Nintendo 3DS handheld console following disappointing sales will mean that the company will make a loss on each unit sold.
According to the Japanes arm of Bloomberg, Nintendo's radical price cut – which CVG ascertained was likely to be about a third off in the UK – means that the gaming giant is making a loss.
Microsoft and Sony both accept losses on the consoles that they sell, with game licensing meaning that they can afford to take a hit on the hardware because of the profits from the software.
Traditionally profitable
Nintendo has traditionally taken the approach that profit should be made on the hardware as well – something that served it we...

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Nintendo posts first quarterly operating loss; 3DS now just $169.99

Nintendo posts first quarterly operating loss; 3DS now just $169.99

Posted on Jul 29, 2011 by MG1

Nintendo posted its first quarterly operating loss ever on Thursday in its fiscal first quarter earnings report. The Japanese gaming company recorded a net loss of 25.5 billion Yen ($328 million), which was on a par with the net loss of 25.2 billion Yen ($324 million) the firm reported during the same quarter last year. In addition, it posted a net operating loss of 37.7 billion Yen ($485 million), down from an operating profit of 23.3 billion Yen ($299 million) during the first quarter of 2010. Nintendo also slashed the price of the 3DS to $169.99, down from the portable gaming console’s original $249.99 price point. Nintendo attributed the poor quarter to a lack of Wii and DS sales, as wel...

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What’s wrong with Amazon’s cosmo black Nintendo 3DS?

What’s wrong with Amazon’s cosmo black Nintendo 3DS?

Posted on Jul 27, 2011 by MG1

Yesterday Amazon temporarily suspended sales of the cosmo black Nintendo 3DS. The console was later reinstated, but not before the mainstream media ran wild with the story. Today, we lay out the facts and uncover what exactly went wrong at Amazon. Spoiler alert: there’s nothing wrong with the cosmo black Nintendo 3DS.
Even an online retail giant like Amazon.com has its good days and its bad days. Yesterday was a case of the latter. Due to an internal shipping issue, a brief hold on Nintendo 3DS orders was triggered. Until the issue could be reviewed by a pair of human eyes, sales of the cosmos black Nintendo 3DS remained suspended.
Amazon provided additional insight, stating that sales are o...

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PlayStation Vita online and social features detailed

PlayStation Vita online and social features detailed

Posted on Jul 26, 2011 by MG1

Sony seems to be dripfeeding gamers with details about what we can expect from the PlayStation Vita and the latest cache of info to drop from the mothership relates to the handheld’s online and social features.
We’ve known since the PlayStation Vita was first announced that it would bring a web-connected staging area for each game, location features and a new chat features. Now we’re actually hearing about what we’ll actually have to play with. Read on for a quick run down of the latest on the PlayStation Vita’s online and social smarts…
Near
Near sounds a lot like the Nintendo 3DS‘ SpotPass system. Sony describes it as a location-based gifting system which will allow you to leave presents ....

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Amazon stops selling Nintendo 3DS

Amazon stops selling Nintendo 3DS

Posted on Jul 26, 2011 by MG1

Amazon has stopped directly selling the Nintendo 3DS citing customer complaints as the cause of its decision. The portable gaming console currently has 359 reviews and an average of 4/5 stars on Amazon’s website, which suggests customers are happy with the unit itself, but the online retailer has posted a note that states:
While this item is available from other marketplace sellers on this page, it is not currently offered by Amazon.com because customers have told us there may be something wrong with our inventory of the item, the way we are shipping it, or the way it’s described here. (Thanks for the tip!)
We’re working to fix the problem as quickly as possible.
It remains unclear but Amazo...

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Sony Insurer Claims It Shouldn't Have to Pay Off After Hack

Sony Insurer Claims It Shouldn't Have to Pay Off After Hack

Posted on Jul 25, 2011 by MG1

An insurer for Sony says that it shouldn't have to pay off legal claims for the Sony PlayStation Network earlier this year.
Zurich American Insurance told a New York state court that it did not feel that it should be held responsible for compensating Sony for a attack on Sony's network that forced the game-console provider to take down the PlayStation Network for weeks. Subsequent hacks also attacked Sony sites in Japan and Europe.
Zurich American's documents allege that it should be liable for claims "asserted in the class-action lawsuits, miscellaneous claims, or potential future actions instituted by any state attorney general," according to Reuters, which first reported the story.
At iss...

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Nintendo Video for 3DS ready for US release?

Nintendo Video for 3DS ready for US release?

Posted on Jul 22, 2011 by MG1

Nintendo's own 3D video portal, known as Nintendo Video, may be set to launch in the US this week, though the company has given conflicting signals. The feature appeared to arrive on the 3DS handheld via the eShop, however the listing turned out to be a "coming soon" reference that is not yet linked to an official download.
"To start watching, download Nintendo Video from the Nintendo eShop today," Nintendo's own website reads, adding to the confusion.
When it arrives the Nintendo Video utility will enable 3DS owners to download and view 3D and 2D videos selected by the company. The content will be available for free via Spotpass, with new listings to be added periodically.

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Xbox 360 system update is preparation for a system update

Xbox 360 system update is preparation for a system update

Posted on Jul 20, 2011 by MG1

Microsoft has rolled out a fairly meaty Xbox 360 system update today, although no matter how hard you look, there's nothing new to be found.
That's because this update, which takes around five minutes to download and complete (on a superfast broadband connection), merely sets up your console for new features to come later.
One of those is expected to be Avatar Kinect, part of the Kinect Fun Labs, which allows you to take part in forthcoming, multiple themed virtual chat rooms using your Avatar as your in-room persona. The mouth of your graphical double even moves as you speak.
It will be launching this month, and although no specific date has been mentioned so far, the smart money is on next...

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Xbox 720: every rumour about the next Xbox

Xbox 720: every rumour about the next Xbox

Posted on Jul 19, 2011 by MG1

Rumours about the new Xbox (or Xbox 720, as it's often referred to as) are now more than just internet gossip.
It's one thing to wildly speculate about the next Xbox console. It's quite another to find out that Microsoft is gearing up to build one.
Recent job postings reveal that the Xbox Console Architecture team is hunting for new blood. Successful candidates will join a team that will be "responsible for defining and delivering next generation console architectures from conception through implementation."
It screams Xbox 720 (or whatever Microsoft chooses to call its new Xbox). So let's gather together the facts, the half-whispered untruths and the wishful thinking to see what such a mach...

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PlayStation 4 Concept Design, Edgy and Eco-Friendly

PlayStation 4 Concept Design, Edgy and Eco-Friendly

Posted on Jul 19, 2011 by MG1

Recent reports suggest that Sony’s PlayStation 4 may already be in the works with suppliers revealing that production could start by the end of 2011 with Foxconn and Pegatron at the helm of assembly. In the wake of the PlayStation Network disaster, many believe that Sony will need the PS4 to turn things around ASAP. But what might the PS4 look like?
Designer Joseph Dumary has conjured up a very futuristic-looking PS4 concept that’s also very eco-friendly—but what design concepts aren’t these days? He imagines the new console to be composed of 60% recyclable materials, to use 0 watts during standby mode, and to have a ECO Restart function that saves games, turns off the console, and can resum...

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3DS Only Selling At Half The Rate Of DS

3DS Only Selling At Half The Rate Of DS

Posted on Jul 18, 2011 by MG1

When you don't have any stellar games for a system, it's not going to do that well in the marketplace. That's the lesson Nintendo is learning with the 3DS.
After weeks of analysts talking about poor sales and an overwhelming lack of interest in the new glasses-free 3D handheld, Nintendo confessed in its own press release that the DS is still outselling the 3DS at a rate of two-to-one, but instead of treating it as a failure for the 3DS, you can probably guess how they spun it.
"The fact is that while the 3DS is a compelling system, its cost and the lack of killer games for it mean that uptake is bound to be on the slow side — compared to the DS, which has a library of megahits stretching bac...

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New Xbox to be Windows 8 powered?

New Xbox to be Windows 8 powered?

Posted on Jul 18, 2011 by MG1

Microsoft's Andy Lees has pointed to a unified ecosystem for all of the companies' devices, including Xbox, PC and phones.
Lees was speaking at Microsoft's Worldwide Partner Conference when he said: "We are aiming to provide coherence and consistency across the PC, the phone, and the TV - particularly with Xbox,"

"That's through providing new types of scenarios - things like the way in which you make the user experience more common, as you saw yesterday in the demontration of the user experience you have on Windows 8, on Windows Phone, and also on Xbox - but also sharing key pieces of technology." he added.
It looks like Lees is suggesting that the future of Xbox could be in Windows 8 fo...

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PlayStation 4 Concept Design, Edgy and Eco-Friendly

PlayStation 4 Concept Design, Edgy and Eco-Friendly

Posted on Jul 18, 2011 by MG3

Filed in: Game ConsolesSony

Recent reports suggest that Sony’s PlayStation 4 may already be in the works with suppliers revealing that production could start by the end of 2011 with Foxconn and Pegatron at the helm of assembly. In the wake of the PlayStation Network disaster, many believe that Sony will need the PS4 to turn things around ASAP. But what might the PS4 look like?

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Netflix for Nintendo 3DS now up and running

Netflix for Nintendo 3DS now up and running

Posted on Jul 15, 2011 by MG1

As promised, Nintendo on Thursday morning posted Netflix for 3DS owners. The app (not pictured here) gives the dual-screen game system access to the whole catalog as long as they have a streaming-enabled plan. Bookmarking still works and lets users resume on the 3DS or another device.
Videos on Netflix are currently in 2D. It's not clear if or when Netflix will start adding 3D.
The app itself is free to download from the Nintendo eShop. Streaming under the newly instituted rates stays at $8 for those who only need streaming but costs $16 for those who also want unlimited DVDs.

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Netflix streaming comes to the Nintendo 3DS tomorrow

Netflix streaming comes to the Nintendo 3DS tomorrow

Posted on Jul 14, 2011 by MG1

Ever since Nintendo's GDC announcement in March we've been waiting for Netflix streaming on the 3DS, and it appears tomorrow's eShop update will do the trick. This may be too late for those that followed through on threats to cancel after the new rates were announced yesterday, but all other 3DS owners can get their Parks & Rec (in 3D?) anywhere in range of a WiFi signal. Joystiq also points out there's also two Game Boy games coming in tomorrow's update, Game & Watch Gallery and Baseball, just in case you're interested in using your portable game machine to actually play games.

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