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Nintendo profit down, buyers await mobile games

TOKYO: Nintendo Co president Tatsumi Kimishima resorted to vague hints to assure investors the company’s March mobile gaming debut is worth waiting for, even as a 36% plunge in quarterly earnings highlighted a downward spiral in sales of Wii U and 3DS players.

Nintendo says April-Dec net profit surges six-fold to US$504mil

TOKYO: Japanese videogame giant Nintendo said Wednesday its April-December net profit soared six-fold to US$504mil as a sharply weaker yen boosted its bottom line and helped offset slowing sales of its 3DS system.

Sony looks at the future in search of revival

TOKYO: Japan's Sony Corp is hammering out plans to rise from the ashes of nearly US$10 billion lost in six years by building a future around its last consumer electronics blockbuster - the PlayStation.

Disney sees Infinity game's retail sales hitting US$1bil

LOS ANGELES: Walt Disney Co expects global retail sales from its 10-month-old Infinity video game to reach US$1 billion even as rivals also combine physical toys with video games, Jimmy Pitaro, president of the company's interactive unit, said in an interview.

Nintendo defends decision to disallow gay relationships in game

Nintendo Co Ltd is defending its decision to disallow same-sex relationships in its best-selling "Tomodachi Life" mobile game, after fans took to Twitter to urge the Japanese gaming giant to relax that restriction.

Nintendo falls back into red with US$229mil Q1 loss

TOKYO: Japanese videogame giant Nintendo said Wednesday it logged US$229mil in losses for its fiscal year to March, as sales of its Wii U console disappointed.

Microsoft's Xbox One console to go on sale in China in September

SAN FRANCISCO: Microsoft Corp will begin selling its Xbox One video game console in China in September through its partnership with Chinese Internet TV company BesTV New Media Co, the company said on Tuesday.

Amazon leaps into home entertainment fray with US$99 Fire TV

NEW YORK/SAN FRANCISCO: Amazon.com Inc made a play for the increasingly crowded home entertainment arena by unveiling the US$99 "Fire TV" video and game streaming device on Wednesday, with hopes of boosting its main online retail business over the longer term.

EBay rejects billionaire Icahn board nominees, asks investors to do same

NEW YORK: EBay Inc on Monday rejected activist investor Carl Icahn's two nominees to its board, saying both were unqualified, and urged shareholders to vote against them at its next annual meeting.

Tokyo investors eye Japanese earnings, US data next week

TOKYO: Tokyo investors will keep a close eye on US data next week and more Japanese corporate earnings with firms including Sony, Toyota and Panasonic due to report.