Google+

Wii U Presentation At E3 Determine Nintendo’s Future

The company’s name has long been synonymous with video games, but with the largest U.S. industry trade show set to begin this week, experts say that the pressure is on Nintendo to perform with their next generation console, according to Reuters reports published Friday.

The gaming giant’s recent hardware products have produced mixed results. The Wii helped popularize motion-controlled gaming and sold a reported 95 million units, “making it one of the most successful videogame products in history,” according to writer Liana B. Baker.

However, as Mashable’s Samantha Murphy reported back in January, the company reported a $625 million net loss for a nine-month period ending December 31, 2011 — a loss blamed largely on “sluggish sales” of their 3DS handheld device.

So with the Electronic Entertainment Expo, or E3, scheduled to be held in Los Angeles from June 5 to 7, analysts are keeping a close eye on the Japanese gaming giant’s latest console, the Wii U. The new unit “might help the Japanese company’s battle to reclaim its crown in an industry that is struggling to grow,” Baker said, adding that some analysts believe that “Nintendo’s back is against the wall.”

Jesse Divnich, consultant and analyst at research firm EEDAR, told Reuters that the company should be focusing on, in Baker’s words, showing “legacy titles that have pop culture recognition,” such as new entries in the Super Mario Bros. and Legend of Zelda franchises. Divnich said that the company “should really play it safe and give us a reason to get excited over the Wii U,” which will officially be unveiled during the convention.

“Last year, Nintendo President Satoru Iwata’s pitch for a prototype Wii U fell flat, sending the company’s shares tumbling,” Baker wrote. “He will have to make amends this year by identifying who is the device’s target audience — core gamers who like to play shooter games, or the casual audience that bowled in their living rooms and swung virtual golf clubs when the Wii was introduced in 2006.”

“Investors are expecting to be disappointed by the Wii U, said Mizuho Securities analyst Takeshi Koyama. Nintendo shares are trading just over 9,000 yen ($115.35), lows not seen since November 2003,” she added. “Macquarie analysts disagreed, however, saying it will take a couple of years to show clearly whether the Wii U is a success or failure. And with $14 billion in cash, much of it made from the boon supplied by the original Wii, Nintendo has plenty of runway to gamble.”

In related news, Nintendo has announced that they will be broadcasting a trio of pre-E3 presentations, one for each of the three major gaming markets (Europe, Japan, and North America) beginning on Sunday. According to Siliconera, Nintendo officials will discuss “the concept behind the Wii U,” but the primary details, including the console’s price, will most likely be announced Tuesday during Nintendo’s official E3 press conference.

Source: RedOrbit

Entertainment

For movies opening January 13, 2017

  OPENING THIS WEEK Kam's Kapsules Weekly Previews That Make Choosing a Film Fun by Kam Williams For movies opening January 13, 2017   BIG BUDGET FILMS The Bye Bye Man (PG-13 for terror, violence, sexuality, bloody images, mature themes, profanity, partial nudity and underage alcohol abuse) Haunted house horror flick about a diabolical, supernatural demon (Doug Jones) unwittingly unleashed by a trio of college students (Douglas … [Read More its Good for You.....]

Books

In the World of Fiction: The Oldies but Goodies Are Back

  In the World of Fiction: The Oldies but Goodies Are Back by Amy Lignor   Readers, 2017 has arrived. And the one thing that rises above all the other so-called ‘trends’ that publishers and book lovers are looking forward to seeing this year is one, undeniable and exciting fact: Beloved authors will step back into the limelight. Trends are odd. There are those of us who never assumed that the whole utopian word as well as dystopian … [Read More its Good for You...]

Art

The Day After the Day Of

  The Day After the Day Of by Paul Ilechko   The sky sheds its tears. This morning is the morning of the day after. The day of mourning, the day after the day of.  I beseech the sky to shed tears in order to wash away the tears on my face.   This is the first day of the time after. This is the beginning of a new time, the days of pain, the days of sorrow. We are in mourning. The sky looks down and sheds its tears for … [Read More its Good For You...]

Real Estate

History Being Sold to the Highest Bidder

  History Being Sold to the Highest Bidder by Amy Lignor   For the longest time, scientists and archaeologists have been confused and bemused by various discoveries they’ve unearthed that offer little or no explanation as to the who, what, and why of the people who created these things or left them behind. Even now, in 2017, there are discoveries being studied; stories that were once legends now have actual bits of proof being found that … [Read More its Good for You.....]

Lifestyle

Groundswell for Chazelle!

  Damien Chazelle The “La La Land” Interview with Kam Williams Groundswell for Chazelle! Damien Chazelle wrote and directed the Academy Award-winning Whiplash which landed five Oscar nominations, including Best Picture and Best Adapted Screenplay for Chazelle. The movie won a trio of Oscars in the Film Editing, Sound Mixing and Supporting Actor (J.K. Simmons) categories. In 2013, his short film of the same name won the Short Film … [Read More its Good for You...]

Outdoors

Top Five Florida Resorts Catering to Do it Yourself Boaters

  Top Five Florida Resorts Catering to Do it Yourself Boaters By Ted Lund Summertime is adventure time for families that want to boat and fish together, and there is no better way to do that than find a resort that caters to do it yourself boaters and anglers. And no place has options like Florida. But before the family can set sail for adventure, you need to find the right boat. One of the best on the water is the Sea Chaser Hybrid Fish … [Read More its Good for You...]

Sports

The NFL Looks at David vs. Goliath

  The NFL Looks at David vs. Goliath by Amy Lignor   This has been one of those odd football seasons where the facts given at the beginning by those panels of “experts” that “know” a great deal about America’s favorite game, turned out to be more than a little wrong. What’s the strangest thing that just might happen when it comes to the Super Bowl? Easy to answer. It just might be that for the first time a QB who didn’t actually play for … [Read More its Good for You...]

Business

Spotlight on Africa

  Spotlight on Africa by Amy Lignor   As the year winds down and comes to a close, it is Africa that is receiving some headlines that call for many changes and improvements to be made in the coming years. It was Ambassador Amina Mohamed (Nairobi, Kenya) that spoke recently about the African Union Commission (AUC) and how the group must provide leadership in the coming years. After all, the nation of Africa is, in truth, the cradle … [Read More its Good for You...]

Travel

The Grandest New Year’s Celebrations Around the World

    The Grandest New Year’s Celebrations Around the World by Amy Lignor   Oh, yes…there are many, many places to travel in order to ring in that New Year in style. Some people have already stated that they see 2017 becoming one of the ‘best of the best’ years the world has ever seen – from technology to business to education to even “going greener” – heck, green has even been chosen as the top color of 2017. But where should you … [Read More its Good for You...]

Green Living

2017 Will Be Green!

    2017 Will Be Green! by Amy Lignor   This statement is not a “hopeful” imagination talking; it is actually quite true. Very recently the Pantone Color Institute declared that green will most definitely be THE color for 2017. This is a company that calls themselves the “global color authority,” and states that everything from high fashion to trends will be on the green path throughout next year. So…when we look at a “green” … [Read More its Good for You...]