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 June 23, 2017

  OPENING THIS WEEK Kam's Kapsules Weekly Previews That Make Choosing a Film Fun by Kam Williams For movies opening June 23, 2017   BIG BUDGET FILMS The Beguiled (R for sexuality) Sofia Coppola won Best Director at Cannes for this sublime tale of seduction, a remake of Clint Eastwood's Civil War saga about Southern belles competing for the affections of a Union soldier (Colin Farrell) wounded and abandoned by his unit. … [Read More its Good for You.....]

Books

Gil’s Goodwill!

  Gil Robertson The “Book of Black Heroes” Interview with Kam Williams Gil's Goodwill! For nearly three decades, writer/author Gil L. Robertson, IV has used the written word to enlighten, empower and uplift. The one-time political organizer initially made his mark in entertainment journalism, penning over 50 national magazine covers and contributing bylines to a wide range of publications that include the Los Angeles Times, the Atlanta … [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

How to Hire a Winner in Real Estate

  How to Hire a Winner in Real Estate by Amy Lignor   You want to buy that new house because the twins are on their way. Little Betty and Little John are already there, but who knew you would have even more so soon? What’s that? Oh…well, of course, in order to buy that new home with four bedrooms instead of two, you will also need to sell your present homestead in order to get the money needed to start paying on a new one. And, of … [Read More its Good for You.....]

Lifestyle

Ejogo’s Largo!

    Carmen Ejogo The “It Comes at Night” Interview with Kam Williams Ejogo's Largo! Carmen Ejogo has established a distinguished career in both feature films and television. She is best known thus far for her leading role of civil rights activist ‘Coretta Scott King’ opposite David Oyelowo in Ava DuVernay's universally acclaimed SELMA as well as being singled out for her ‘mind-blowing’ lead role as Sister in SPARKLE alongside … [Read More its Good for You...]

Outdoors

Jerkbaits Often Overlooked as Summer Bass Lures

  Jerkbaits Often Overlooked as Summer Bass Lures   Yamaha Pro Brandon Palaniuk Fishes Jerkbaits Year-Round for Quality Bass Bass tournament fishermen are famous for having “secret” lures they don’t tell anyone about, but Brandon Palaniuk’s secret lure is one that’s in virtually every angler’s tacklebox. The Yamaha Pro’s lure is a jerk bait, but his secret is that he fishes it all year, and he especially likes to use it during the … [Read More its Good for You...]

Sports

You Don’t Have to be Greek to be a “Zorba” Fanatic

  You Don’t Have to be Greek to be a “Zorba” Fanatic by Amy Lignor   No, the sport is not called ‘Zorba’, but it most definitely fits for this article’s title. This most unusual sport is actually called ‘Zorbing’, and has caught on like wildfire across the globe. And now, seeing as that the NBA has wrapped, with Golden State proving that they were determined to make amends for last season; and with the NHL closing up shop for the season … [Read More its Good for You...]

Business

Add Value with Summer Home Renovation Projects

  Add Value with Summer Home Renovation Projects by Amy Lignor   There are a whole list of summer activities for you and the kids planned. Most of them, of course, you want to be nothing but fun, such as grilling outside on the patio or swimming in the pool. However, having the backyard pool and patio are two things you really need in place before either of those activities could be enjoyed. And building this area could be a great … [Read More its Good for You...]

Travel

Finding Relaxation in the Most Remote Locations of All

    Finding Relaxation in the Most Remote Locations of All by Amy Lignor   It is a fact that the largest travel locations are also beyond popular. Among the downsides of this fact is that when you’re looking for peace, quiet, and basically a chance to do nothing more than spend time with yourself and, perhaps, one other best friend, the most popular places don’t offer that. In other words, it is the most remote (sometimes most … [Read More its Good for You...]

Green Living

Creating the Perfect Vegetable Garden

  Creating the Perfect Vegetable Garden by Amy Lignor   Many are still dealing with that wintery mix Mother Nature just loves to toss down from the sky this time of year. Yet, that gardener living inside the soul – the one just dreaming of the sunny skies and lazy rainy days that are must-haves in order to grow the best vegetables possible – is already jotting down the facts, tricks and tips they need to know in order to make that … [Read More its Good for You...]