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Nintendo slashed its full-year profit outlook by 70%, weighed down by weaker-than-expected demand for its 3DS handheld game machine, the strong yen, and manufacturing costs.
It’s astounding to think that just a few years ago, the Nintendo DS and the PSP were the lone mobile devices that gamers had to choose from. It must have been nice for Sony and Nintendo, to only have each other to compete with.
With the upcoming launch of Sony's PS Vita in the UK, Europe, and North American markets, Ewan Spence reckons that far from being the last gasp of a traditional model, the Vita is going to be welcomed by gamers with open arms.
Nintendo is taking the idea of the "second screen" to a new level. The company on Tuesday showed off a prototype gaming system called Wii U, which consists of a smartphone-like remote control that works with its existing Wii gaming system to let gamers play on two screens at the same time.
Sony said on Monday its new handheld game device would be called PlayStation Vita. The company added that it would partner with AT&T as exclusive carrier for the 3G version of the device in the United States.