Set for release by the end of 2012, a playable model of the new console will be presented at this year's Electronic Entertainment Expo in Los Angeles, California, the company said.
Nintendo Co Ltd might provide clues on the effect of the devastating March 11 earthquake and tsunami on the industry's supply chain and domestic demand as it kicks off earnings for the Japanese electronics sector on Monday.
Japan's Nintendo Co Ltd posted its second straight fall in annual profit on Monday, as sales of its aging Wii games console slowed and the March 11 earthquake weighed on Japanese consumer spending.
Nintendo Developer Shigeru Miyamoto said that the next Mario game would not only be playable at this year's Electronic Entertainment Expo, but also available for purchase later this year.
Price cuts from multiple vendors may signal that a successor to the Wii is around the corner.
Lukewarm sales of the 3DS, released Feb. 26 in Japan, have fueled speculation that Nintendo's latest handheld may not see the success enjoyed by its predecessor.
The game obsessed customers still prefer PSP over the Nintendo 3DS. MediaCreate Reported that Sony’s PSP moved 35,478 units ahead of the 3DS pushing it down to the second best seller selling 32,910 units on April 10.
Nintendo Co said the 3DS device has made a good start with 440,000 units sold in the US in a weeks’ time. Launched on March 27, Nintendo 3DS has successfully out-performed its Wii.
Nintendo's newest console, according to multiple sources, will be capable of high-definition visuals with graphics comparable to that of Microsoft's Xbox 360 and Sony's Playstation 3.
The unfinished feel of the BlackBerry Playbook is shared with many of its competitors.
News of the Wii's price cut may be confirmation that Nintendo plans on announcing the console's successor soon.
Apple's hawk eye on the gaming scene has been the point of much discussion and speculation. And finally there seems to be some real development. From rumors about acquiring Sony, or eying Adobe or Disney, there are now reports that Apple is hiring executives from gaming giant Nintendo to push its gaming presence.
In an interview with Fortune magazine, Tretton dismisses Nintendo's latest handheld as a great babysitting tool that offers no competition to Sony's PSP.
Sales for the 3DS took a nosedive in Japan last week as Sony's PSP overtook the top spot.
Company has 'no desire' to get into smartphones, executives say
U.S. stocks ended mixed on Thursday as investors awaited Friday’s Bureau of Labor Statistics jobs report, while slightly weaker-than-expected economic reports on jobless claims and Chicago Purchasing Managers index weighed on the sentiment.
The Finn is taking aim at the Japanese company over comments Nintendo President Satoru Iwata said about the smartphone game business.
Nintendo is unlikely to bringing the 3DS's portable technology to home consoles, the company says.
Early 3DS owners have reported software, hardware issues
First-day sales for the 3DS have topped those of all other Nintendo consoles, the company said
Nintendo released its latest handheld game system, the 3DS to throngs of waiting people worldwide this past Sunday, and new analysis shows that the company stands to make almost $150 per each unit sold.
The total bill for materials in a Nintendo 3DS is about $100, a 33 percent increase over the previous incarnations of the device.