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I posted this in the 3DS FAQ but thought it would make good news.
"Nintendo, based in Kyoto, will start selling the 3DS player by March 2011, President Satoru Iwata said in an interview yesterday. A price for the device, which is equipped with three cameras and a motion sensor, hasn’t been set, he said."
http://www.businessweek.com/news/2010-06-1...r-update2-.html
Full article in Spoiler.
"Nintendo, based in Kyoto, will start selling the 3DS player by March 2011, President Satoru Iwata said in an interview yesterday. A price for the device, which is equipped with three cameras and a motion sensor, hasn’t been set, he said."
http://www.businessweek.com/news/2010-06-1...r-update2-.html
Full article in Spoiler.
Nintendo Rises After Introduction of 3-D Game Player (Update2)
(Updates with comment from analyst in fourth paragraph.)
By Mariko Yasu
June 16 (Bloomberg) -- Nintendo Co., the world’s biggest maker of portable video-game players, rose the most in almost three months in Osaka trading after the company unveiled a handheld machine that lets users see 3-D images without wearing special glasses.
The stock rose as much as 5.9 percent to 26,700 yen, the biggest rise in intraday trading since March 24, and changed hands for 26,400 yen as of the 11 a.m. midday break. The benchmark Nikkei 225 Stock Average advanced 1.6 percent.
Nintendo and video-game machine rival Sony Corp. introduced 3-D products yesterday as consumer-electronics makers adopt the technology to revive earnings. Game publishers including Activision Blizzard Inc., Electronic Arts Inc., Ubisoft Entertainment SA and Konami Corp. are making games for the new device, the companies said.
The 3DS “will probably sell well,” said Etsuko Tamura, a Tokyo-based analyst at Mizuho Investors Securities Co. “They are starting with hit titles like ‘Metal Gear Solid,’ so that should give gamers reason to buy the console,” said Tamura, who rates Nintendo ‘neutral plus’.
Nintendo, based in Kyoto, will start selling the 3DS player by March 2011, President Satoru Iwata said in an interview yesterday. A price for the device, which is equipped with three cameras and a motion sensor, hasn’t been set, he said.
Sony, Microsoft
Sony demonstrated PlayStation 3 titles with 3-D capabilities and added a new motion-activated controller like those uses with Nintendo’s Wii at the game conference yesterday. Microsoft Corp. earlier this week showed motion-sensing technology that lets people play games on its Xbox 360 console without a controller.
Shares in Sony, based in Tokyo, rose 1.5 percent to 2,653 yen as of 11 a.m.
DS handheld sales worldwide will rise 11 percent to 30 million from 27.1 million in the year ending March, the game maker forecast last month. By comparison, global sales of its flagship Wii will probably fall 12 percent to 18 million units, after declining for the first time last fiscal year, it said.
“Nintendo added higher specifications for the 3DS and managed to attract big action game titles which had been popular among Sony’s PlayStations Portable users,” said Hideki Yasuda, a Tokyo-based analyst at Ace Securities Co. “It was a surprise to see a number of third-party game titles for the 3DS.”
“Resident Evil” by Capcom Co. is among such titles, Yasuda said. “Sony may struggle to boost PSP sales during the yearend shopping season if Nintendo starts selling 3DS by then,” he said.
Sony Losses
Sony, whose game unit has posted losses for four consecutive fiscal years, aims to restore the business’s profitability during the current year, which runs through the end of March.
The company’s new controller will sell for $49.99, while a companion navigation piece is priced at $29.99, Sony said yesterday at E3. The device will be released on Sept. 15 in Europe, four days later in the U.S., and on Oct. 21 in Japan, the company said.
More than 40 games for the new controller will be available for the U.S. holiday season, with Sony-owned games costing $39.99, the company said.
--With assistance from Yoshinori Eki, Maki Shiraki and Jason Clenfield in Tokyo. Editors: Young-Sam Cho, Chana Schoenberger.
To contact the reporter on this story: Mariko Yasu in Tokyo at [email protected].
To contact the editor responsible for this story: Young-Sam Cho at [email protected].
(Updates with comment from analyst in fourth paragraph.)
By Mariko Yasu
June 16 (Bloomberg) -- Nintendo Co., the world’s biggest maker of portable video-game players, rose the most in almost three months in Osaka trading after the company unveiled a handheld machine that lets users see 3-D images without wearing special glasses.
The stock rose as much as 5.9 percent to 26,700 yen, the biggest rise in intraday trading since March 24, and changed hands for 26,400 yen as of the 11 a.m. midday break. The benchmark Nikkei 225 Stock Average advanced 1.6 percent.
Nintendo and video-game machine rival Sony Corp. introduced 3-D products yesterday as consumer-electronics makers adopt the technology to revive earnings. Game publishers including Activision Blizzard Inc., Electronic Arts Inc., Ubisoft Entertainment SA and Konami Corp. are making games for the new device, the companies said.
The 3DS “will probably sell well,” said Etsuko Tamura, a Tokyo-based analyst at Mizuho Investors Securities Co. “They are starting with hit titles like ‘Metal Gear Solid,’ so that should give gamers reason to buy the console,” said Tamura, who rates Nintendo ‘neutral plus’.
Nintendo, based in Kyoto, will start selling the 3DS player by March 2011, President Satoru Iwata said in an interview yesterday. A price for the device, which is equipped with three cameras and a motion sensor, hasn’t been set, he said.
Sony, Microsoft
Sony demonstrated PlayStation 3 titles with 3-D capabilities and added a new motion-activated controller like those uses with Nintendo’s Wii at the game conference yesterday. Microsoft Corp. earlier this week showed motion-sensing technology that lets people play games on its Xbox 360 console without a controller.
Shares in Sony, based in Tokyo, rose 1.5 percent to 2,653 yen as of 11 a.m.
DS handheld sales worldwide will rise 11 percent to 30 million from 27.1 million in the year ending March, the game maker forecast last month. By comparison, global sales of its flagship Wii will probably fall 12 percent to 18 million units, after declining for the first time last fiscal year, it said.
“Nintendo added higher specifications for the 3DS and managed to attract big action game titles which had been popular among Sony’s PlayStations Portable users,” said Hideki Yasuda, a Tokyo-based analyst at Ace Securities Co. “It was a surprise to see a number of third-party game titles for the 3DS.”
“Resident Evil” by Capcom Co. is among such titles, Yasuda said. “Sony may struggle to boost PSP sales during the yearend shopping season if Nintendo starts selling 3DS by then,” he said.
Sony Losses
Sony, whose game unit has posted losses for four consecutive fiscal years, aims to restore the business’s profitability during the current year, which runs through the end of March.
The company’s new controller will sell for $49.99, while a companion navigation piece is priced at $29.99, Sony said yesterday at E3. The device will be released on Sept. 15 in Europe, four days later in the U.S., and on Oct. 21 in Japan, the company said.
More than 40 games for the new controller will be available for the U.S. holiday season, with Sony-owned games costing $39.99, the company said.
--With assistance from Yoshinori Eki, Maki Shiraki and Jason Clenfield in Tokyo. Editors: Young-Sam Cho, Chana Schoenberger.
To contact the reporter on this story: Mariko Yasu in Tokyo at [email protected].
To contact the editor responsible for this story: Young-Sam Cho at [email protected].