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Nintendo Wii U to be sold at a loss, 3DS starts to turn a profit
Mario's alma mater may be looking at its next big console to bolster its stumbling net income, but it won't be raising its bottom line on hardware alone: Nintendo says the Wii U is going to be sold at a loss. While this is par for the course for most game consoles, loss leader products are somewhat of a new trend for Nintendo, which only started selling hardware at a loss recently. On the upside, company CEO Satoru Iwata says the 3DS is back in the black, finally selling for a tidy (though unspecified) profit after dropping its price late last year. Nintendo expects business to pick up down the road, but says circumstances will keep it from attaining "Nintendo-like" profits in this fiscal year.
Nintendo confirms that it's selling 3DS at a loss, expects that to change
Ever since Nintendo slashed the price of the 3DS, there's been plenty of speculation that the gaming giant has been selling the portable console at a loss. The company acknowledged that fact during its disappointing earnings report, stating, "its hardware has been sold below cost because of its significant price cut in the fiscal year ended March 31, 2012," something that's uncharacteristic of the company's past operations. But as with its fairly unfortunate financials, the company plans to turn things around, adding, "Nintendo expects to cease selling it below cost by the middle of the fiscal year ending March 31, 2013."
Nintendo 3DS extended slide pad add-on, first hands-on
Nintendo may be AWOL on the TGS show floor (as usual), but that's not stopping Capcom from strutting the big-N's hardware in its stead -- we dropped by its booth for a gameplay-free handling of the 3DS extended slide pad add-on. The control-extending cradle is every bit as bulky as it looks, killing any hope we had of cramming the rig into our pocket. The trade-off? It's much more comfortable to hold than the naked 3DS, giving our meaty hands a smooth, contoured surface to grip. The new right-hand circle pad feels just as solid as the handheld's dedicated pad, and didn't significantly obstruct our access to the 3DS' face buttons. All in all, the cradle is a comfortable, if awkwardly large extension to the 3DS that doesn't seem to compromise the handheld's existing input. Hit up the gallery below to size up the plump peripheral for yourself. %Gallery-133843%
Is this Nintendo's 3DS joystick add-on?
Reports from the Japanese end of the internet are claiming that Famitsu magazine has the scoop on that Nintendo 3DS analog add-on we heard about last month. A page from the magazine (above) shows a rather meaty cradle hugging the sides of the stereoscopic clamshell, reportedly adding an R2 button in addition to a starboard circle pad. The plump peripheral may have been designed specifically for Monster Hunter Tri G, an unannounced (and unconfirmed) game that was leaked in the same issue. Famitsu made no mention of the reported hardware refresh that accompanied the last analog add-on rumor -- and price, release date, and official confirmation from Nintendo are still AWOL, of course. Update: Kotaku seems to have an official confirmation from Nintendo: "We can confirm that Nintendo plans to release the Circle Pad attachment, but Nintendo's regional subsidiaries will make further announcements about its availability at a later date."
Rumor: Nintendo working on 3DS redesign, $10 joystick add-on
By most accounts, the 3DS hasn't quite been the runaway success that Nintendo was banking on. The company attempted to address the lukewarm response with a significant price drop and an accompanying public apology. Now it seems that even more drastic measures may be in the works. French site 01net, which has hit past gaming rumors squarely on the head, is reporting that Nintendo is working on a $10 analog joystick add-on that will snap onto the portable console. That revelation poses all kinds of questions, like how the system will be able to close with the controller in place and whether 3DS users will really take to such a thing. Even more interesting is the rumor that the company is working on a redesigned system for 2012, which, among other things, will pull some of the focus away from the 3D functionality that was so central to Nintendo's pitch when the device first launched. According to the rumor, that distancing from the 3D functionality may also be reflected in the name of the new model.
Nintendo CEO responds to 3DS price drop backlash
Post-purchase price drops are one of a number of curses that plague early adopters. Generally, however, such shifts take time, so Nintendo caught us all a bit by surprised when it announced that it will be cutting the cost of the 3DS from $249 to $169 in mid-August. The gaming giant was quick to mend fences, offering 20 free virtual console games to those who got burned by the discount. Nintendo's CEO Satoru Iwata followed up the announcement with a more formal apology to consumers, noting that they may well feel "betrayed" and "punished" for their early adoption. Iwata added that early buyers are still "important" to the company, and that the decision to drop the price was due to concerns on the part of retailers and designers that Nintendo hasn't released a worthy followup to the ultra-popular DS.
