Nintendo's 3DS Opens All Eyes At E3
A year ago many analysts and video game industry pundits wondered if growth for industry leader Nintendo (NTDOY) had peaked. In the fiscal year that ended in March, revenue fell 16 percent while profit tumbled 12 percent, to $2.5 billion, in part because of slowing console sales.
Earnings gains may prove even more challenging in the coming months. Nintendo's motion-sensing Wii game console faces holiday season challenges from Microsoft (MSFT) and Sony (SNE), both of which this year will introduce console accessories that also track a player's movements.
http://www.businessweek.com/technology/content/jun2010/tc20100618_757645.htm
Earnings gains may prove even more challenging in the coming months. Nintendo's motion-sensing Wii game console faces holiday season challenges from Microsoft (MSFT) and Sony (SNE), both of which this year will introduce console accessories that also track a player's movements.
http://www.businessweek.com/technology/content/jun2010/tc20100618_757645.htm
