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BUSINESS
September 15, 2006 | Dawn C. Chmielewski, Times Staff Writer
Nintendo Co. said its Wii video game console would go on sale Nov. 19 in the United States for about $250, setting the stage for a three-way race that may have only two horses this holiday season. The Japanese company, best known for such whimsical game characters as Donkey Kong and the mustachioed Mario, will have the least expensive next-generation console on the market this holiday season.
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BUSINESS
May 26, 2006 | From the Associated Press
Nintendo Co.'s profit jumped 12.5% for the fiscal year that ended March 31 as a foreign exchange gain and robust sales of hand-helds offset shrinking sales of home consoles. But its share price dropped 7.3% on its disappointing forecast for the year ahead. Net profit at Kyoto, Japan-based Nintendo, which makes Super Mario and Pokemon games as well as Game Boy machines, totaled 98.4 billion yen ($877 million), up from 87.4 billion yen the previous year, the company said.
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.
BUSINESS
May 17, 2005 | Alex Pham, Times Staff Writer
Carlton Smith has two Nintendo Co. GameCubes -- and both are stashed in a closet. The 32-year-old Los Angeles set builder bought the spare console for his son, but 9-year-old C.J. wants to play sports games only on PlayStation 2 and Xbox like his dad. "GameCube is a kid's box," said Smith, who has owned more than a dozen different game consoles since 1984, when he bought an Atari 2600. "I haven't played it for a year, and my son just wants to play what I play."
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.
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