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BUSINESS
May 28, 2007 | Alex Pham, Times Staff Writer
As it raced past rivals to become the hottest new video-game console, some analysts predicted that Nintendo Co.'s Wii was little more than a fad. Try telling that to Geoff Allen, who hasn't grown sick of playing the Wii after almost five months. He, his wife and his father all are hooked on "Wii Sports." "Within minutes, I can have fun," said Allen, a 36-year-old technology entrepreneur from Potomac Falls, Va.
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BUSINESS
April 6, 2007 | From Reuters
Japanese video game maker Nintendo Co. raised its sales and profit forecasts for the fourth time for the fiscal year that just ended, thanks to robust demand for its DS hand-held games. Nintendo said sales totaled about 966 billion yen ($8.1 billion) for the year that ended March 31, up from its previous forecast of 900 billion yen.
BUSINESS
January 26, 2007 | From the Associated Press
Booming year-end sales of the wand-wielding Wii game console sent profit at Nintendo Co. soaring 43% for the nine months ended in December, the Japanese manufacturer of Pokemon and Super Mario games said Thursday. Nintendo, which also makes GameBoy Advance and Nintendo DS hand-held consoles, recorded profit of 131.9 billion yen ($1.1 billion) in the first nine months of the fiscal year, up dramatically from 92.2 billion yen the same period a year earlier.
BUSINESS
December 8, 2006 | From the Associated Press
The maker of the new Wii video game consoles, Nintendo Co., said Thursday that it was investigating reports of problems with a strap that secures the machines' wand-like remote controller to the player's wrist. Players use the Wii's signature remote to mimic the motions of a tennis racket, a golf club or a sword, depending on the game.
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.
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."
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