Thursday, April 25, 2013

Is Nintendo Over?

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People are shocked that Nintendo is not going to have a press conference at the biggest video gaming show of the year, E3, in June.

"Wow. no nintendo press conference at this year's e3. that's ... ceding a lot of oxygen to the competition," Arthur Gies, a video game reviewer, tweeted yesterday.

It's surprising because Nintendo's sales figures for the Wii U were pretty disappointing.

"Now this is a bad earnings report," influential tech blogger John Gruber recently wrote. "Really hope Nintendo figures a way to pull itself out of this spiral."

The gaming company sold 3.45 million Wii U consoles by the end of March, missing its target of 4 million units. But it expects new games to increase the sales of the Wii U to 9 million this fiscal year...

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