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Submitted by Valay 1104d ago | news

Nintendo's financial briefing - 10 in-house 3DS games this year, no Wii U price cut, NFC, more

Nintendo president Satoru Iwata reveals that 10 in-house 3DS games are coming this year, shares tidbits about the company's interest in working with third-parties on Wii U, and more. (3DS, Nintendo DS, Wii, Wii U)

chadboban  +   1104d ago
I'm thinking, in terms of a possible price cut at least, that it'll be dependent on how Sony and Microsoft price their new consoles, which we probably won't hear about until E3.
live2play  +   1103d ago
they probably wont even have to
a $450 ps4 wont be much threat to a 300 basic wiiu
WiiUsauce  +   1103d ago
yup. sounds reasonable, but at the same time, Nintendo is selling the system at a loss at the moment, so a price cut doesn't seem possible any time soon.
iamnsuperman  +   1103d ago
I agree the selling at a loss means price cut will not happen but I still think they need to do it. The recent Nintendo direct shows us that Nintendo knows it will be overshadowed at E3 by new console talk (as it should happen otherwise Sony and Microsoft dropped the ball big time). I think if these systems release this year Nintendo will have a terrible year (sales wise) as it is an effect of any launch of a console (it will be two in this case). It doesn't have to be much but a small price drop will help dampen the effect of new consoles on the market
Reibooi  +   1103d ago
Personally the lack of a price cut isn't a big deal for me. I haven't picked up a Wii U yet(although I plan to) because the games I want most are likely not coming out in 2013. Stuff like Xenoblade 2, Bayonetta 2, Wind Waker HD, Fire Emblem x SMT and hopefully a just straight Fire Emblem. All things I can't wait to play but most will likely not make out this year. So I can afford to wait for now and pick one up next year and if there happens to be a price cut at that point then that's just a bonus.
DEATHxTHExKIDx  +   1104d ago
3DS needs to be STRONGER IN AMERICA. Its looks pretty damn good now but I believe it can do even better
3-4-5  +   1104d ago
Nintendo is going to give us good games. They need to really focus on getting us good 3rd party games so we have plenty of games to play. This will put less pressure on Nintendo to pump out games and they can then focus on quality over quantity internally.
ozstar  +   1103d ago
Well i think this will depend entirely on how impatient 3rd parties get with Android/Apple over profit margins and micro-transactions.
AdvanceWarsSgt  +   1103d ago
The 3DS will definitely get a boost with the likes of Animal Crossing, Pokemon, Monster Hunter 3, and Castlevania releasing this year. I even predict a COD port to be coming to the system this fall (Activision just won't be able to ignore those potential profits for another year).

it's the 2014 year that we're unsure about. What games will be releasing then? Hopefully Nintendo is approaching 3rd parties to produce content for the system so that 2014 isn't a barren one.
yeahokchief  +   1104d ago
It'll price cut as soon as the PS4 and 720 are announced. Just watch.
KrisButtar  +   1104d ago
the Wii U was not doing as well as they like so they are pushing the 3DS to make up for it?
oldskoolgamer702  +   1104d ago
bottom line it should have been $100 cheaper to start, i havealways bought every system on the first day. but im not gonna spend $300 to play mario and a bunch of games i already played
crazy_man  +   1103d ago
They sell at a $21 loss on the $350 model (almost the same as the GC loss at launch).

Imagine your $200 price fantasy now.

Nintendo isn't a big enough company to sell at a +$100 loss like Sony and Microsoft did with the 360/PS3. They have other departments to cover losses. Also, even though Nintendo has no debt and a LOT of money on reserve, they wouldn't want to burn through it.

The first pricecut, whenever it happens, should phase out the Basic and bring the $350 version down to $300.
#5.1 (Edited 1103d ago ) | Agree(1) | Disagree(0) | Report | Reply
wiiulee  +   1104d ago
good...all their need are the games and better advertisement for wiiu....3ds is killing the competition
Trenta27  +   1104d ago
The 3DS is on fire. To think that when Fire Emblem comes out, the 3DS will sell like napalm on a hobo.
crazy_man  +   1103d ago
Even as a die hard Fire Emblem fan I hate to say that the franchise has a niche market. No Fire Emblem has yet to break 1 million sales, mostly because only in the last decade did they appear outside Japan which is why only the GBA Fire Emblems broke 800k.

Although Nintendo is heavily advertising it + Amazing 3DS bundle + The draw of playing old heroes from the DLC will more than likely break a million if not more. It's currently 490k with only Japan.
Kevlar009  +   1103d ago
If Nintendo doesn't release an extensive Ad campaign for the WiiU soon they will be in a world of hurt. Remember the Ad campaign for the Wii? Something on that scale.

They can't wait for the competition to catch up before winning the consumer, they need to act now (and Target newspaper ads don't count)
deadfrag  +   1103d ago
We will see bundles of Wii u with new games but price cuts will not happen this year!
metroidfusion2  +   1103d ago
Reggie already said many months ago that a price cut wont come for at least 2 to 3 years now of course that can change but who knows

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