Isabel's Feed
Sep 13, 2011

Nintendo unveils raft of software in bid to rescue 3DS

TOKYO (Reuters) – Nintendo announced a raft of new software in an attempt to prop up disappointing sales of its latest handheld games gadget, the 3DS, but there was no sign of the add-on accessory that games blogs have said is in the works.

Nintendo’s shares slid about 6 percent on Tuesday in a strong broader market in a sign that investors are not convinced boosting content will enable the 3DS to fight off growing competition from smartphones and tablets.

Sep 12, 2011

Tokyo Game Show to highlight rise of social games

TOKYO, Sept 12 (Reuters) – In a world of booming smartphones
and tablets, social game providers will take the spotlight at
the Tokyo Game Show this week, while champion Nintendo
, criticised for being too centred on hardware,
struggles to win back fans.

As sales of conventional games sputter, mobile social gaming
company Gree and rival DeNA are seen well
placed to benefit, given their success with previous generation
feature phones.

Sep 1, 2011

Sony tablets face tough sell on price, hardware

TOKYO/NEW YORK, Sept 1 (Reuters) – Sony’s new tablet
computers failed to excite gadget reviewers and analysts who
criticised the pricing and quality of the devices, underscoring
the battle Sony faces regaining its consumer electronics crown.

Sony Corp is already late to the game with its
first tablet, which hits stores this month, more than a year and
a half after Apple Inc launched the blockbuster iPad
and almost a year since Samsung Electronics Co Ltd
came out with the GalaxyTab. Samsung’s Galaxy occupies the No.2
slot in tablets that Sony is targeting.

Aug 31, 2011

Sony may stumble in bid to become tablet No.2

TOKYO, Aug 31 (Reuters) – Sony Corp’s new tablet
computers, expected to be launched on Wednesday, face an uphill
battle against dominant players Apple Inc and Samsung
Electronics , with the gadget’s expected pricing in
particular raising red flags.

The Japanese electronics conglomerate behind PlayStation
games consoles and Vaio PCs is struggling under the weight of
its lossmaking television division and badly needs the boost of
a new hit product.

Jul 29, 2011

Nintendo shares dive as profit outlook crumbles

TOKYO (Reuters) – Nintendo Co Ltd’s shares plunged as much as 20 percent after the company swung to a quarterly loss and slashed its annual profit target, hit by anemic sales of its five-month-old 3D capable games device.

The stock plunge wiped as much as $5 billion off the Japanese videogame maker’s market value and triggered a rash of broker downgrades after the firm said profits would fall to their lowest in 27 years.

Jul 29, 2011

Nintendo shares dive on crumbling profit outlook

TOKYO, July 29 (Reuters) – Nintendo Co Ltd’s
shares plunged as much as 20 percent after the company swung to
a quarterly loss and slashed its annual profit target, hit by
anaemic sales of its five-month-old 3D capable games device.

The stock plunge wiped as much as $5 billion off the
Japanese videogame maker’s market value and triggered a rash of
broker downgrades after the firm said profits would fall to
their lowest in 27 years.

Jul 28, 2011

Japan’s tech firms face weak TV demand, keep forecasts

TOKYO, July 28 (Reuters) – Japan’s top consumer electronic
firms recovered faster than expected from the March earthquake,
keeping their full-year profit forecasts despite a weakening TV
market and worries about the outlook for the global economy.

Video game maker Nintendo Co was a standout
disappointment, unexpectedly slumping to its first quarterly
operating loss on record, hit by slow sales of its 3DS handheld
game player and a strong yen. It now forecasts its lowest annual
profit in 27 years.

Jul 28, 2011

Japan’s quake-hit technology companies to show steady recovery

TOKYO, July 28 (Reuters) – Japan’s biggest consumer
electronics makers are expected to show quarterly earnings
slumped due to the March earthquake, but investors will focus on
whether these companies can meet their forecasts for a swift
recovery, given a fragile global economy.

Average estimates show Panasonic and Sharp
are set to slide into the red for the quarter, while Nintendo
is forecast to report a slender operating profit of 10
billion yen ($127 million).

Jul 25, 2011

Canon lifts forecast after rapid quake recovery

TOKYO (Reuters) – Canon Inc (7751.T: Quote, Profile, Research, Stock Buzz) posted better-than-expected quarterly profits and raised its annual forecast after it staged a rapid recovery from supply chain woes sparked by the March 11 earthquake.

Canon, which competes with Sony (6758.T: Quote, Profile, Research, Stock Buzz) and Nikon (7731.T: Quote, Profile, Research, Stock Buzz) in digital cameras and with Xerox (XRX.N: Quote, Profile, Research, Stock Buzz) and Hewlett-Packard Co (HPQ.N: Quote, Profile, Research, Stock Buzz) in office equipment, on Monday revised its full-year profit forecast up to 380 billion yen from 335 billion yen.

Jul 22, 2011

Japanese tech giants aim to bounce back from quake

TOKYO (Reuters) – Japan’s major consumer electronics makers are expected to show April-June earnings collapsed due to the March earthquake, but focus is turning to whether they can meet their forecasts for a swift recovery, given a fragile global economy.

Average estimates show Panasonic and Sharp are expected to slide into the red for the quarter, while Nintendo is forecast to report a slender operating profit of 10 billion yen ($127 million).