Wednesday, October 22, 2014
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LG Display Reports Strong Third Quarter 2014 Results
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Canon Announces the Second-Generation EOS C100 Mark II Digital Video Camera
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Microsoft Is Rolling Out First New Windows 10 Preview Build
Yahoo Reports High Revenue and Profit
New Samsung Galaxy S5 'Plus' Released With Faster Processor
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Wednesday, January 29, 2014
Slow Wii U Sales Keep Nintendo's Profit Down
Nintendo posted poor results for the third quarter on Wednesday due to disappointing sales for its flagship Wii U console.
The company said its operating profit fell 6.9 percent in October to December to 21.7 billion yen ($211 million), compared to its most recent target for a 35 billion yen ($340 million) loss for the full year.
Nintedo's domestic sales of hardware and software were strong but that overseas sales sagged in the holiday season. Revenue fell 11.5 percent on the year to 302.6 billion yen in the October to December quarter.
The Japanese ocompany cut its full-year sales forecast for the Wii U gaming console to 2.8 million from 9 million on January 17.
Nintendo is due to unveil a new management strategy on Thursday.
Lenovo Unveils Rugged ThinkPad Devices, New ThinkServers For Schools
Sony Buys Semiconductor Manufacturing Facility From Renesas Electronics
Sales Of PS4 KILLZONE SHADOW FALL Exceed 2.1 Million Units
Nintendo to Finally Go Mobile: report
Nintendo's Figurines Coming Later This Year
Nintendo's Iwata Recovers From Surgery
Nintendo's Wii Infringes on Philips' Remote Control patent
Code Name: S.T.E.A.M. Coming On Nintendo 3DS
Pac-man Coming On Nintendo Wii U And 3DS
Nintendo's Wii U E3 Press Event
Sony Sells More Game Consoles Than Nintendo
Wii U Update Adds Quickstart Feature To Gamepad
Nintendo Says MARIO KART 8 Sells More Than 1 Million Units Over First Weekend
Philips Sues Nintendo
Nintendo Offers 3DS App For NTT Docomo' s Smartphones
Nintendo Introduce Console For Emerging Markets
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