Friday, January 30, 2015
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Google Reports Increased Profit
Facebook Introduces Place Tips in News Feed
AMD Cuts Prices Of Radeon Graphics Card To Cash On GTX 970 Memory Furor
HyperX Sets DDR4 Overclocking Record
Intel 5th Generation vPro Processors Released
Mobile Provider TracFone to Pay $40 Million to Settle FTC Charges
Intel Releases New 20nm SSDs For Data Centers
Microsoft Brings Office To iOS and Android Devices
Active Discussions
Writing Audio files on DVDs ?
Need major help with Gigabeat
New match-3 puzzle game launch now!
Rimage 2000i
Sound card for my Laptop
hello
full screen wide screen
Hi
 Home > News > Optical Storage > Nintend...
Last 7 Days News : SU MO TU WE TH FR SA All News

Thursday, April 19, 2001
Nintendo Delays GameCube in Japan


Nintendo is delaying the introduction of its GameCube video-game console in Japan by two months until Sept. 14, the game maker said.

The machine, meant to rival Sony 's PlayStation2 was to go on sale in Japan in July. The company still plans to introduce it in the United States before Christmas. Nintendo president Hiroshi Yamauchi played down the move, even refusing to acknowledge it as a delay, and was vague when questioned by reporters about the reasons. He would only say that it would be embarrassing if Nintendo could not keep up a constant flow of shipments…

That remark seemed to hint at a possible worry about a parts shortage, which hurt the launch of the PlayStation2.
Yamauchi acknowledged it will be a serious blow to Nintendo if response to the GameCube is poor at the Electronic Entertainment Expo in Los Angeles next month, although he appeared confident that reception would be positive.

Nintendo, the Kyoto-based company behind the Mario and Pokemon games, has scored successes with its less expensive and less sophisticated Game Boy series, including the revamped Game Boy Advance that went on sale last month in Japan. The Game Boy Advance is slated for sale the United States in June.

But Nintendo has had problems making a profit with its more sophisticated machine, the Nintendo 64, because of the greater money and time required to develop games for it. The company plans to announce the retail price of the GameCube, as well as initial shipment and production plans, next month, Yamauchi said.

Also, Nintendo revised its earnings forecast for the fiscal year that ended last month. A gain of about 60 billion yen ($488 million) in foreign exchange-related profits because of a weaker yen lifted net profits to a record high of 95 billion yen ($773 million), up 22 percent from the prior estimate and 69 percent higher than a year ago.

Nintendo said it expects to post group sales of 462.5 billion yen ($3.8 billion), down 7.5 percent from the previously projected 500 billion yen ($4 billion) because of delayed shipments of Game Boy to Europe.

The new forecast is down 13 percent from the 530 billion yen ($4.3 billion) for the previous fiscal year.


Previous
Next
Xbox: Dolby Digital 5.1 Inside        All News        Fantom ships 16x FireWire CD-RW (2)
Xbox: Dolby Digital 5.1 Inside     Optical Storage News      Fantom ships 16x FireWire CD-RW (2)

Get RSS feed Easy Print E-Mail this Message

Related News
Nintendo Cuts Operating Profit Forecast On Slack 3DS Sales
Nintendo To Discontinue The Club Nintendo Rewards Program
Wii U Closes 2014 With Strong Sales
New 3DS XL Launches Next Month In The US
New Nintendo Devices To Use 'free-form' LCDs
Philips and Nintendo Resolve Patent Disputes
Nintendo Introduces New 2DS Designs, Amiibo Subscription Service
Nintendo to Release 'Quality of Life' Device
Nintendo Reports 2Q Profit
Nintendo's Figurines Coming Later This Year
Nintendo's Iwata Recovers From Surgery
Nintendo's Wii Infringes on Philips' Remote Control patent

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2015 - All rights reserved -
Privacy policy - Contact Us .