Tuesday, October 13, 2015
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Canon Debuts EOS M10, GX 5 and GX 9 Cameras
LG Electronics Applies 'G Pay' Trademark
Samsung Maintains Highest DRAM Market Share in Q2
Toshiba Introduces Windows 10 dynaPad Tablet, dynabook Notebooks
Google Releases Cardboard SDK
Latest Windows 10 Build Integrates Skype Messaging, Adds New Features
Qualcomm Sells Vuforia AR Business to PTC For $65 million
HyperX Releases Cloud Mav Edition Headset
Active Discussions
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
How to burn a backup copy of The Frozen Throne
Help make DVDInfoPro better with dvdinfomantis!!!
Copied dvd's say blank in computer only
menu making
Optiarc AD-7260S review
 Home > News > Games > Nintend...
Last 7 Days News : SU MO TU WE TH FR SA All News

Wednesday, June 07, 2006
Nintendo Expects Limited Losses From Wii Launch

Japanese game software and console maker Nintendo said on Wednesday it is unlikely to lose much money on the launch of its new "Wii" video game console, in sharp contrast to rival Sony, which expects a hefty loss on the debut of its PlayStation 3.

Game machines manufacturers often lose money on initial console sales, but recoup those losses over the life of the product through software sales. Sony expects to post a 100 billion yen ($884 million) operating loss at its game division in the current fiscal year due to costs related to the PS3 launch.

"We can't promise we won't have even a one-yen loss, but we are not expecting an enormous loss," Nintendo President Satoru Iwata told a news conference. "It is a strange notion that a game console always leads to mounting losses in the beginning."

"We are working to make the Wii business a healthy one from the first year," he added.

Iwata added that even if the company meets its sales target of 6 million Wii consoles in the year to next March and 17 million units of Wii software, Nintendo expected a limited impact on its earnings from sales of Wii for the current business year.

Nintendo, known for games featuring characters such as Mario, Donkey Kong and Pokemon, also said it planned to boost monthly production of its strong-selling DS portable players by almost 38 percent after introducing the thinner, lighter DS Lite in the United States and Europe this month.

The Kyoto-based company will release the Wii, which features a motion-sensor-enabled controller, in the last quarter of 2006, going head-to-head with market leader Sony's upcoming PlayStation 3 console in the nearly $30 billion global video game market.

Unlike Microsoft's new Xbox 360 and Sony's PlayStation 3, which boast more power and high-definition graphics, Nintendo aims to win over customers with an affordably priced unit and ground-breaking games, hoping to attract a broader audience than the young males who usually make up the console gaming market.

Nintendo kept prices and exact launch dates under wraps but said it would announce them by September. The company has said the Wii would cost 25,000 yen or lower in Japan and $250 or lower in the United States.

PlayStation 3, which will hit the U.S. market on November 17, will be priced at as much as $599, while Xbox 360's premium version that is already in stores costs $399.

A key feature of the Wii is its one-handed controller that looks like a television remote control and uses motion-detection sensors that allow players to control the game by wielding it like a sword, waving it like a conductor's baton, or swinging it like a baseball bat.

Opera Releases Mobile Mini 2.0 Browser        All News        Dual Layer DVD Re-writable Formats On the Way
Sony's PlayStation 3 Goes on Sale     Games News      Nvidia Announces Electronic Sports World Cup

Source Link Get RSS feed Easy Print E-Mail this Message

Related News
Tatsumi Kimishima In Nintendo's New President
Nintendo, Google Spinoff Niantic Team Up On Pokemon Game For Smartphones
Nintendo Patent Filing Desribes New Game Console
Nintendo Cuts Price Of 2DS
Nintendo 3DS Update Brings Nintendo Network ID and Miiverse
Amiibo Figurine Sales Help Nintendo's First-quarter Profitability
Nintendo CEO's Iwata Dies At 55
Nintendo Wants To Surpise With New NX Console
Nintendo NX Could Be More Than A Video Game Console
Nintendo Presents New Franchises
Nintendo's new NX Game Console Will Not Have Android Inside (Updated)
Nintendo Joins The Humble Bundle

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 .