Just five months after its launch, Nintendo is reportedly slashing the price tag on its 3DS portable gaming device, presumably due to the company's disappointment with the unit's sales. Ninetendo announced on Thursday the price will drop from the current suggested retail of $249.99 to just $169.99 on August 12th in the US. In Japan, meanwhile, the discount will be even steeper, at 10,000 yen (about $127).
Lulz Security, the hacker group that has repeatedly gone after Sony's servers in recent weeks, has apparently gotten bored with exploiting Sony's vulnerabilities, and launched an attack on Nintendo servers. The Japan-based video game developer said Monday that an attack was launched on a server of one of its affiliates several weeks ago. Nintendo included in its announcement assurances that no personal information about customers or vital company data was stolen in the attack.
Nintendo Co. Ltd. Released its fiscal year results Monday, posting lower profits fueled by declining sales of its Wii games system, and announced that a predecessor to the once popular console will be available later this year. The company said it will debut the a prototype of the Wii 2 June 7th at the E3 show in Los Angeles.
Despite outstanding performance by Nintendo and its new 3DS handheld gaming device in March, the overall gaming industry saw its retail sales drop 16 percent for the month while industry revenue declined 4 percent, according to a report from industry data tracker NPD Group. Initial sales of Nintendo's new 3D handheld gaming system surpassed those of its predecessor, and the company's Pokemon franchise set new sales records for the gaming giant, but those were essentially the only bright spots for the industry as a whole.
Japan-based video game giant Nintendo has released a health warning concerning the 3D functionality on its soon-to-be-released gaming console, recommending children under the age of seven not play with it to prevent possible damage to their eyes.