NINTENDO Co. and Sony Corp., the two largest makers of game consoles, are facing mounting pressure to cut prices after sales of the motion-sensing Wii fell for the first time and PlayStation 3 shipments tumbled to a two-year low.
Sony chief executive officer Howard Stringer and Nintendo president Satoru Iwata have spurned calls by game publishers and retailers to cut prices as the global recession drives down consumer spending. The stronger yen is also eroding earnings at Japanese electronics makers, making them less competitive relative to overseas rivals such as Samsung Electronics Co. "Sony and Nintendo need to cut prices for the PlayStation and the Wii or those products won't sell," said Mitsushige Akino, who oversees the equivalent of $631 million at Tokyo-based Ichiyoshi Investment Management Co. "Investors are fearful consumers will cut spending even further."
Originally launched in 2011, El Shaddai: Ascension of the Metatron is coming to Nintendo Switch, so It's time to look back at the original.
Still have my ps3 copies. Bought it at launch and another one when I found it cheap and in perfect condition about 10 years ago. I wouldn’t buy it on Switch but if they made a PS5 version I would. I still have one of my PS3 Fats hooked up so good to go either way.
Id play it again on the switch. I wished my 360 version was bc but this is still a good way to play.
The artist behind Fallout 4’s Deathclaw reveals just how bad things got back when Bethesda took over the series
People are stupid I get it. No one should feel unsafe,
But I think they need to talk about why they cut so many corners during the development process and why none of their games ever look current. And why they think all of this is okay while they charge full price.
As much as Bethesda deserve criticism, that's not really relevant to the reveal of Fallout 3 in 2007.
The default angle Kotaku always go for is to highlight the worst in gaming.
I would’ve focused on the creative.
CGM Writes: While we were over at PAX East, we were able to sit down with Goichi Suda (Suda51) and talk about the upcoming remaster of Shadows of the Damned
I highly doubt Nintendo is facing ANY pressure. Come holiday time again, the DS and Wii will sky rocket once more.
would make another killer xmas sales record by dropping the price by $50 and pack in sports resort/wmp in place of the old wii sports.
Sony has to many rumors about this and that but in the end there will be some adjustments to make the investors happy (as well as gamers).
MS could drop another $50 here or there or maybe even upgrade the arcade at no extra cost with std hdd. they have lots of 20gb's laying around. They had to go somewhere when the 60's came out.
It will be an interesting xmas season.
If we're in the middle of the slump with an economy currently beginning to show signs of life, and the holidays are on the horizon...it makes little sense to cut prices NOW. It gives a three-month window before people will start shopping for Christmas and buying consoles, anyway.