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BUSINESS
May 10, 2006 | Dawn C. Chmielewski, Times Staff Writer
Nintendo Co. wants people to remember why they play video games: Because they're fun. While Sony Corp. and Microsoft Corp. position their next-generation game consoles in an all-out fight for control of the living room, Nintendo hopes to emerge the big winner with a cheaper, simpler machine whimsically called Wii.
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BUSINESS
December 22, 2004 | From Bloomberg News
Nintendo Co., the world's biggest maker of hand-held game machines, boosted its shipment forecast for its new console amid high demand in the U.S. and Japan. Nintendo said it would now ship more than 2.8 million of its dual-screen Nintendo DS systems to the U.S. and Japan by the end of the year. Earlier this month, Nintendo said it planned to ship as many as 2.8 million units, 800,000 more than a previous estimate, by Dec. 31. Nintendo started selling the Nintendo DS in the U.S.
BUSINESS
November 2, 2004 | From Reuters
Japanese video game maker Nintendo Co. won a court order against the sale of game machines that run pirated versions of its classic games such as "Donkey Kong" and "Mario Brothers." The restraining order, issued by the U.S. District Court in Seattle, prohibits retailers from selling products that look like Nintendo's game controllers from its older Nintendo 64 game console, which can be plugged directly into televisions to play games. Redmond, Wash.
BUSINESS
September 21, 2004 | David Colker, Times Staff Writer
Seeking to head off a challenge from video game rival Sony Corp., Nintendo Co. said today that its dual-screen Game Boy player will hit U.S. stores just in time for the crucial holiday shopping season. Nintendo executives in Japan said the DS, its first new hand-held player in three years, will be available in the United States on Nov. 21 with a suggested retail price of $149.99.
BUSINESS
May 28, 2004 | David Colker, Times Staff Writer
Despite higher sales for the year, a weaker dollar cut net income in half at Nintendo Co., but the Japanese video game maker Thursday predicted a new version of its popular Game Boy would fuel growth in the year ahead. Nintendo said profit for the fiscal year that ended March 31 sank to 33.19 billion yen -- about $296 million, based on the average exchange rate for the year. That's down from 67.27 billion yen, or $600 million, last year. Sales rose 2% to 514.8 billion yen, or $4.49 billion.
BUSINESS
May 21, 2004 | From Reuters
Sony and Nintendo, gearing up to launch hotly anticipated hand-held gaming devices, face a shortage of key parts, which could crimp profits and sales of the rival products when they hit stores this year. Nintendo Co.'s dual-screen hand-held, DS, and Sony Corp.'s PlayStation Portable come with all the bells and whistles of a modern game machine, which is good news for gamers but potentially bad for the two companies.
BUSINESS
May 11, 2004 | David Colker, Times Staff Writer
Video game titans Nintendo Co. and Sony Corp. are in for some hand-to-hand combat. Nintendo dominates the market for hand-held video game machines with its Game Boy franchise, which it introduced in Japan in 1989. Nearly 190 million Game Boys have been sold worldwide over the last 15 years. And Nintendo reaps nearly all of the $750 million that U.S. consumers spend on hand-held game players each year, plus a good chunk of the $1.
BUSINESS
March 29, 2004 | David Colker, Times Staff Writer
Hall of Fame boxer Alexis Arguello thought his fighting days were long over, but he's suited up again. At least his lawyer has. Arguello wants to go a round or two with video game heavyweights Electronic Arts Inc., Nintendo Co. and Sony Corp. Arguello, who was crowned featherweight champ in 1974 and went on to capture three more titles, is a character in the hugely popular "Knockout Kings" video game, produced by EA and released by Nintendo and Sony.
BUSINESS
January 16, 2004 | From Bloomberg News
Nintendo Co. estimated U.S. sales of its Nintendo GameCube system rose more than 35% in 2003. Sales increased after the price of the system was cut to $99.99 on Sept. 25. Kyoto, Japan-based Nintendo also said sales of the hand-held Game Boy Advance increased 18% in 2003 to 8.2 million.
BUSINESS
October 4, 2003 | Alex Pham, Times Staff Writer
As it struggles to score points against larger rivals Sony Corp. and Microsoft Corp., Nintendo Co. on Friday warned of its first loss since the Japanese video game maker went public in 1962. The maker of the popular Game Boy hand-held player estimated a $27-million loss in the first six months of its current fiscal year, contrasted with the $100-million profit projected in May.
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