Archive for October, 2008

Nintendo eyes record profit in fiscal year (AP)

A visitor walks by a Nintendo logo during a press event to unveil Nintendo DSi, the revamped version of its hit DS portable machine, in Tokyo Thursday, Oct. 2, 2008. Nintendo Co. has cut its full-year net profit forecast by 15.9 percent as a surging yen undercut brisk sales of its popular Wii console and DS handheld device, the Kyoto-based company says Thursday, Oct. 30, 2008. Nintendo also said net profit in the April-September half jumped 9.4 percent to 144.8 billion yen ($1.5 billion). (AP Photo/Katsumi Kasahara)AP - Japanese gamemaker Nintendo said Friday it was on the course of a record profit in the current fiscal year, bucking the deepening global financial crisis on surging demand for its blockbuster Wii home console.

Original post by AP and software by Elliott Back

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Nintendo says sees overseas DSi launch by next summer (Reuters)

A promoter for Nintendo Co Ltd poses with the new DS handheld game console after a news conference in Tokyo October 2, 2008. (Kim Kyung-Hoon/Reuters)Reuters - Japanese video game maker Nintendo Co Ltd will likely launch a new model of its top-selling handheld player, the DS, in overseas markets by the summer of 2009, President Satoru Iwata said.

Original post by Reuters and software by Elliott Back

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EA to slash workforce after reporting loss (CNET)

CNET - Video game publisher Electronic Arts on Thursday cut its forecast for the fiscal year and said it will slash its workforce 6 percent, or about 580 jobs, to reduce costs.

Original post by CNET and software by Elliott Back

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EA posts hefty loss, to cut 540 jobs (AFP)

A boy plays a 'FIFA World Cup Game' on a computer. US videogames giant Electronic Arts reported a hefty quarterly loss on Thursday and said it was cutting six percent of its workforce, or 540 employees.(AFP/File/Prakash Singh)AFP - US videogames giant Electronic Arts reported a hefty quarterly loss on Thursday and said it was cutting six percent of its workforce, or 540 employees.

Original post by AFP and software by Elliott Back

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