Satoru Iwata, Nintendo CEO, dies of cancer at 55

/ Jul 13, 2015

Satoru Iwata, Nintendo CEO, dies of cancer at 55

Nintendo said Monday that its chief executive, Satoru Iwata, has died of bile duct cancer at the age of 55, several months after he abandoned the Japanese video game giant’s consoles-only policy. In a brief statement, the Kyoto-based firm said Iwata passed away on ...

Jun 21, 2014

Nintendo loses Wii patents suit in U.K.

Royal Philips NV has won a U.K. court ruling in a global battle over patents for recognizing hand gestures and motion on Nintendo Co.’s Wii gaming devices. Judge Colin Birss said a Nintendo unit infringed two Philips patents in the ruling Friday. Nintendo, the ...

Nintendo eyes new areas after Wii U flop

/ Jan 30, 2014

Nintendo eyes new areas after Wii U flop

Nintendo Co. says it will explore new businesses, including health care-related entertainment, while keeping its existing gaming platform as the main focus, after the video game maker's Wii U console flopped with consumers.

Nintendo chief under fire over Wii washout

/ Jan 21, 2014

Nintendo chief under fire over Wii washout

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Nintendo Co. President Satoru Iwata, who tripled revenue by introducing hits like the Wii console, is coming under fire from investors and analysts after the company’s latest game machine flopped. Though Iwata had vowed to deliver ¥100 billion in operating profit this fiscal year, ...

Jan 17, 2014

Nintendo projects net loss, slashes Wii U sales goal

Nintendo on Friday warned it would swing back into the red this fiscal year as the gaming giant slashed its sales target for the Wii U console, blaming poor sales over the key holiday season. The dramatic downgrade stands in marked contrast to rivals ...

Nintendo to drop Wii at home

/ Oct 2, 2013

Nintendo to drop Wii at home

Nintendo said Wednesday it will stop making its basic Wii game console for the Japanese market, but will keep producing it internationally. The move to abandon the venerable machine, which competes with Microsoft’s Xbox 360 and Sony’s PlayStation 3, will allow Nintendo to focus ...