Nintendo stock prices drop following financial results, the company’s biggest dip since 2019
Posted on 2 years ago by Bryce(@brodee922) in General Nintendo, News, Switch | 0 comments
While the Switch’s sales have certainly been impressive (the system reaching over 89 million units sold), the company’s stock prices have dipped considerably following their financial results yesterday. Friday morning in Japan, Nintendo Co. LTD fell 8.8% in the market, its biggest dip since February 2019.
It seems Nintendo’s quarterly profit did not reach its estimates and investors are beginning to pull out; possibly due to worries that the handheld console market has hit its peak as the pandemic lessens in parts of the globe. Additionally, the new OLED Switch model has some investors questioning Nintendo as their sales slowed since its announcement and profits for Sony and Microsoft have increased (seen in the graph from Bloomberg below).
Focus Home Interactive acquires Dotemu
Posted on 2 years ago by Brian(@NE_Brian) in General Nintendo, News | 0 comments
Focus Home Interactive today announced that it has acquired Dotemu. The deal should be fully closed in September.
According to today’s announcement, “Dotemu will be able to give even greater ambition to its projects and give itself the means to broaden the range of services offered to studios, in order to guarantee the success of their productions on the retro label as well as on the publishing label The Arcade Crew.”
Dotemu has published a number of games on Switch, including Streets of Rage 4, Wonder Boy: The Dragon’s Trap, and Ys Origin. It is also involved with Teenage Mutant Ninja Turtles: Shredder’s Revenge and Windjammers 2.
The full announcement can be read below.
More: DotEmu, Focus Home Interactive
Switch has outsold the PS3 and Xbox 360, Nintendo consoles / handhelds surpass 800 million units
Posted on 2 years ago by Brian(@NE_Brian) in General Nintendo, News, Switch | 0 comments
Today’s financial report from Nintendo has brought along a couple of notable sales milestones.
First up, Switch has shipped more than 89 million units, which means it’s now the seventh best-selling console of all time. It has outsold the PlayStation 3 and Xbox 360, which ended their runs at 87.4 million and 86 million units respectively.
Nintendo also reached the mark of having sold over 800 million pieces of consoles / handhelds. This includes standalone devices such as Switch, Wii, and DS, but not the likes of Game & Watch and plug & play retro consoles.
Here’s a look at how Nintendo’s performance stacks up to other companies:
Nintendo financial results – August 2021 – Switch at 89.04 million
Posted on 2 years ago by Brian(@NE_Brian) in General Nintendo, News, Switch | 0 comments
Nintendo issued its latest financial results today, which covers the three months ended June 30, 2021. It contains an update on the company’s overall status and performance, the latest on Switch sales, and more.
Here’s the full roundup:
Nintendo Monthly Rewind – July 2021
Posted on 2 years ago by Brian(@NE_Brian) in General Nintendo, Switch, Videos | 0 comments
A new Nintendo Monthly Rewind video has gone up for July 2021. Fans can catch up on various news, including the Switch OLED, New Pokemon Snap update, and more.
Here’s the full video:
More: Nintendo Monthly Rewind
Colopl settles 2018 lawsuit with Nintendo
Posted on 2 years ago by Brian(@NE_Brian) in General Nintendo, News | 0 comments
At the start of 2018, Nintendo filed a lawsuit against White Cat Project developer Colopl. The legal battle has now drawn to a close.
The two sides have reached a settlement, and Colopl will pay Nintendo 3.3 billion yen. Colopl will pay for future licenses for use of Nintendo’s patent as well.
Nintendo filed the lawsuit originally after claiming that five tech patents were violated, including the use of a touch panel to manipulate a joystick.
Nintendo teams up with Lunchables yet again
Posted on 2 years ago by Brian(@NE_Brian) in General Nintendo, News, Switch | 0 comments
Nintendo and Lunchables have teamed up a few different times over the past few years. The two sides collaborated in 2018, 2019, and 2020. Now they’re at it again.
Through September 30, “Lunchables lovers have the chance to game their own way with exclusive Lunchables challenges that encourage them to build, stack and play for the chance to win fun prizes, including the ultimate prize of a Nintendo Themed Mystery Prize Pack.” There’s a catch challenge, racing challenge, and pack-your-own-lunch challenge.
My Nintendo adds printable Mario Kart 8 Deluxe greeting cards and gift tags in North America
Posted on 2 years ago by Brian(@NE_Brian) in General Nintendo, News | 0 comments
As part of Nintendo’s new partnership with Edible, a pair of rewards have been added to My Nintendo in North America. There are printable items for greeting cards as well as gift tags.
Both of these rewards will set you back just 10 Platinum Points. They can be redeemed on My Nintendo here.
More: Mario Kart 8 Deluxe, My Nintendo
China’s NVIDIA Shield is pulling the plug on HD Wii ports
Posted on 2 years ago by Brian(@NE_Brian) in General Nintendo, News, Wii | 0 comments
For the NVIDIA Shield in China, several Wii games from Nintendo were ported. These were fairly notable as each one ran in HD – specifically 1080p. The selection was small but featured notable titles such as The Legend of Zelda: Twilight Princess and Donkey Kong Country Returns.
Three and a half years after the Wii ports started, the entire project has come to a close. Reports are starting to surface that the ability to download them is being shut down. Although the games can still be accessed if purchased, there’s no word on how long server authentication will work for.
Thanks to Jake for the tip.
Suda51 hopes there’ll be a No More Heroes movie or TV show, says one proposal “came really close” to happening
Posted on 2 years ago by Brian(@NE_Brian) in General Nintendo, News | 0 comments
The No More Heroes franchise was dormant for about a decade following the release of the second entry on Wii. But we then saw Travis Strikes Again: No More Heroes in 2019, Switch ports of the previous titles last year, and we’re about to get No More Heroes 3. You can definitely say that the series’ future is looking bright.
No More Heroes has stayed within the gaming space, but creator Suda51 is interested in expanding the IP into areas. Speaking with IGN, he talked about how he hopes there’ll be a movie or TV show based on the series someday. Also revealed is that one past proposal “came really close” to happening, with a decision even having been made egarding “the actor to play the main character, but it never made it into production.”
Suda51’s full words:
