Saturday 08th March 2014,
Nintendo Experiences Big Losses in 2011, Promises Wii-U by the End of 2012
This infamous gif is now an artifact of a bygone era
As if we need further proof that the handheld industry is in the middle of an upheaval, Nintendo experienced its first revenue loss in 30 years. Today, Nintendo expanded their 2011 total loss forecast to 65 billion yen. They were expecting to lose 20 billion yen. Ouch.
If you’re wondering how much that is in US dollars: it’s a lot.
In Nintendo’s announcement today, they laid the blame squarely on the under-performing 3DS. Outlets like Bloomberg are going further and drawing correlations to the absolutely jaw-dropping quarter Apple had.
Is it really that easy? Is Nintendo doing poorly because people love their iPhones, iPod Touches, and iPads? While Apple has become an interesting contender to Nintendo in the handheld space, I don’t think that’s the only factor here. Nintendo’s hit Wii console has pretty much reached the point of market saturation, with sales falling regularly every month. Fortunately, Nintendo is ready to answer for the set-top console side of the video game arena.
In a statement made to Reuters, Nintendo President Satoru Iwata confirmed that the company’s upcoming Wii-U would be available worldwide by the end of the year. More specifically, “in time for the holiday shopping season.”
What would you like to see from Nintendo regarding their handheld strategy? Clearly the 3DS isn’t cutting it.
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A store selling replica Tiffany once appeared at this domain. The site owners were ordered to transfer the domain name as a result of a Permanent Injunction to stop the sale of replicas.
THE UNITED STATES DISTRICT COURT
JIANGHAI XX a/k/a JEFF XX d/b/a
ESILVER2GO.COM d/b/a ESILVER2GO d/b/a
(NJ), LLC, a New Jersey corporation, with its principal place of business
7. Pursuant to 15 U.S.C. § 1125(d), Defendant XX is hereby ordered to immediately assign all rights, title and interest in the domain name www.Tiffany4ever.com to Tiffany;
(a) manufacturing or causing to be manufactured, importing, advertising, or promoting, distributing, selling or offering to sell counterfeit and infringing goods using the Tiffany Marks or works protected by the Tiffany copyrights;
(d) falsely representing themselves as being connected with Tiffany through sponsorship or association;
(f) using any reproduction, counterfeit, copy, or colorable imitation of the Tiffany Marks or Tiffany Copyrights in connection with the publicity, promotion, sale, or advertising of any goods sold by XX, www.Esilver2go.com, www.Tiffany4ever.com, www.Shopluxury.us, www.Tcoworld.com, and/or any other website or business, including, without limitation, jewelry, pendants, bracelets, rings, earrings, necklaces and clothing accessories, namely, cuff-links, key rings and money clips;
(g) affixing, applying, annexing or using in connection with the sale of any goods, a false description or representation, including words or other symbols tending to falsely describe or represent goods by XX, www.Esilver2go.com, www.Tiffany4ever.com, www.Shopluxury.us, www.Tcoworld.com, and/or any other website or business, as being those of Tiffany, or in any way endorsed by Tiffany;
(h) offering such goods in commerce;
(i) otherwise unfairly competing with Tiffany;