Wii Pushes Nintendo Profit Up 60 Pct
Nintendo has announced financial results for its fiscal year ending March 31, 2008: sales of its Wii video game console pushed the company’s profits up 60 percent compared to the same quarter last year, but slowing sales of its Nintendo DS handheld systems are leading the company to forecast only a reserved nine percent growth for its next fiscal year.
Nintendo says it shipped 18.61 million Wii consoles to retailers and distributors during the last 12 months, making for a worldwide total of 24.45 million Wii consoles out the door since they began shipping in November 2006. Nintendo forecasts shipping an additional 25 million Wii co
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Source: Digital Trends – Video Games
Asian history inspires new online games (Reuters)
Reuters – After exhausting just about every elf,
dragon and knight featured in Western cultures, makers of
popular online games are turning to ancient Asian history and
war heroes for new inspiration.
Leaked: Grand Theft Auto IV Hits the Torrents (NewsFactor)
NewsFactor – While the buzz is building that Grand Theft Auto IV will be the biggest video game release ever, the leaked copies of the software are making it onto the Internet.
Sony off to races with “Gran Turismo” (Reuters)
Reuters – Sony’s PlayStation 3 is off to
the races with a teaser installment of its iconic “Gran
Turismo” franchise, starting this year’s high-octane video game
lineup with a wave of the checkered flag.
Europe Needs Better Game Rules
The countries of the European Union are in disarray. Not politically, but in the way they rate games. According to a new survey showing how Pan European Game Information (Pegi) is used across the continent, only two countries – Germany and Lithuania – have laws about the way games are sold. 15 others ban harmful games being sold to minors, one has broader laws, and four – Cyprus, Romania, Slovenia and Luxembourg – actually have no laws restricting game sales.
Pegi rates games by describing their content and also giving information about violence, bad language, drug use and sexual content. The survey has left the European Commission sugges
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Source: Digital Trends – Video Games
Nintendo Q4 jumps 60 pct on Wii boom, outlook modest (Reuters)
Reuters – Japan’s Nintendo Co Ltd (7974.OS), maker
of the hit Wii game machine, said on Thursday fourth-quarter
profit jumped 60 percent but it forecast only modest annual
growth of 9 percent as sales of its DS handheld machine slow.
Nintendo’s profit surges on strong sales of Wii, DS (AP)
AP – Nintendo Co.’s net profit surged 47.7 percent to a record high, powered by strong sales of software and accessories for its popular Wii video game console and brisk sales of its DS handheld devices.
Nintendo operating profits double amid brisk Wii sales (AFP)
AFP – Japanese video game giant Nintendo Co. said Thursday that its annual operating profit had more than doubled as sales hit a record high on surging demand for its Wii and DS consoles.
Call Of Duty Sets Xbox Live Record
You can bet that the people at Activision, the people who publish the first-person shooter game Call of Duty 4, are rubbing their hands with glee. A map extension pack they produced for the game Call of Duty 4 has been downloaded over a million times in just nine days through the Xbox Live service. That’s a record for the Xbox Live Marketplace.
Between April 4 and 12 users racked up a spectacula
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Source: Digital Trends – Video Games
Sony Again Delays PS3 Home Online Community (NewsFactor)
NewsFactor – The launch of Sony’s Home 3D online community for the PlayStation 3 is being delayed again, this time until autumn. Last year, Home was also pushed back, with a now-postponed launch set for early in 2008. As with last year’s delay, Sony executives said the reason is to improve the quality of service.
