Nintendo of the America President & COO Reggie Fils-Aime on the Nintendo Switch's instant success, and the strategy behind its release. Nintendo’s new game console, Switch, may be the hottest thing to hit the video gaming industry since Pokmon Go.
Category: Video Games
Electronic Arts Reaches New Highs
During a rather directionless session shares of EA are trading at new highs and are set up well for more upside. Electronic Arts was a top ten gainer in the S&P 500 today.
SBI’s Bhattacharya Says India’s Low Rates to Continue
India’s GDP expanded 7 percent in the fourth-quarter, which was far stronger than what was estimated. The country is also forecast to grow over 7 percent for the coming year as banks work to replace cash sucked out by Modi’s shock clampdown last November.
China Box Office: ‘Resident Evil: The Final Chapter’ Debuts to Massive $33M
Beijing-based Leomus Films, the local marketing partner on the release, are now forecasting $85 million for the full weekend. Sony’s Resident Evil: The Final Chapter has opened to an enormous $33 million on its first day in China.
Nintendo plans to release 2 or 3 mobile games every year
A man stands in front of Nintendo’s logo at the presentation ceremony of its new game console Switch in Tokyo, Japan January 13, 2017. Nintendo Co Ltd said on Wednesday it plans to release two or three mobile games every year, a day after the Japanese videogames maker disappointed investors with a one-third cut to its full-year operating profit outlook.
Nintendo Cuts Profit Outlook as Outgoing Wii U Drags Down Sales
The game developer has already wound down the production of the Wii U ahead of its release of Nintendo Switch. Nintendo cut its profit outlook for the ongoing year after the Japanese game developer reported a sales slump in its Wii U game console which dampened robust performances in the 3DS and the newly-released Super Mario games.
Sony to Take $1 Billion Writedown on Movie Business
Sony Corp. said it will take a 112 billion yen writedown in its movie business after reviewing the future profitability of its operations. The company said it would book the charge in the fiscal third quarter and is examining how that will affect its forecasts.
The 11 Biggest Video Games of 2017
This year will also play host to a packed lineup of triple-A software releases that will be competing for consumers’ attention and dollars. Click through the following presentation for a look at the 11 biggest video games set to hit retail in 2017.
1 Big Reason Amazon Prime Still Has Room to Grow in the U.S.
Prime. With a growing list of benefits — it’s not just free two-day shipping and streaming video — Prime represents one of the best values in retail.
Top Takeaways From CES 2017: Nvidia Struts Its Stuff While Intel and Samsung Look for Growth
Intel gave a first-hand look at VR’s potential and Samsung added to its smart home bet, but Nvidia stole the show by announcing impressive new partnerships and initiatives. In their own ways, Intel and Samsung’s big news events on CES 2017’s press day carried with them important subtexts about where growth in their largest businesses has flattened, and how the companies are looking to respond.
Maker of Spectacles for Dior Expands Into Smart Glasses
Safilo Group SpA, the eyewear company that makes frames for Dior, Fendi and Hugo Boss, is looking to succeed in a high-tech category where even Google has struggled: smart glasses. The Italian company is debuting a set of Internet-connected spectacles next month at the Consumer Electronics Show in Las Vegas.