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Zynga's Profit Decline is Proof That Social Games are a Fad, Proves that Benzinga's Louis Bedigian is Always Right
Tuesday, September 27, 2011 - 8:50am | 343Read More...I don't mean to brag, but… Oh wait, I do. Remember that editorial I wrote about Zynga's demise? It's already coming true. Gamasutra (via Business Insider) reports that Zynga's year-on-year profits declined from $27.2 million to $1.3 million – a decline of roughly 95%! How could this be, when...
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Was the HP TouchPad Truly a Success at $99?
Tuesday, August 23, 2011 - 10:15am | 839Read More...Or were buyers simply excited to get a $500 device for 80% off? Consumers love a good sale. Between the weekly ads in the paper, the endless number of coupon options online or off, the onslaught of commercials, and the growth of daily deal sites, you would think that our desire to save would...
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Nintendo Shares Rise on September Event and 3DS Announcement Rumors
Tuesday, August 23, 2011 - 7:46am | 415Read More...It's like a benefit concert to save a dying species. In a move to prevent the Nintendo 3DS from becoming extinct, Nintendo (NTDOY) is rumored to be holding an event in Tokyo next month to announce new games and potential hardware modifications. Shares of the company rose more than eight percent on...
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This Week in Tech Stupidity: Nintendo Drops Backwards Compatibility in Wii after PSP Drops Wi-Fi
Wednesday, August 17, 2011 - 8:28am | 404Read More...Has every publisher in the game industry lost their minds? Yesterday Benzinga learned that Sony (NYSE: SNE) will release a new version of the old PSP in Europe for 99 euro. It has since come to our attention that the device may lack Wi-Fi support, which is about the dumbest move Sony could have...
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Sony's "Oh, Crap!" Moment: Nobody Wants a PS Vita
Monday, August 15, 2011 - 6:15pm | 500Read More...And all this time I thought that a delay was the worst thing that could happen to Sony's (NYSE: SNE) next-gen handheld. It turns out that there was something far worse brewing: the simple fact that people don't care about PS Vita. At all! That's according to Lyle Hall and Matthew Seymour at Heavy...
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Reality Check for Nintendo Investors: iPhone Development is Never Going to Happen, Would Kill the Stock
Thursday, August 11, 2011 - 1:12pm | 524Read More...Small short-term gains, massive long-term losses. Bloomberg is reporting that Nintendo investors are increasingly unhappy with Nintendo, a company that is determined to stick to its tried-and-true business model of making games exclusively for its own devices. This strategy is nothing new;...
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If the "A" in Apple stands for "Awesome," What does the "S" in Sony stand for?
Friday, August 5, 2011 - 12:45pm | 908Read More...I'll give you a hint. It rhymes with cupid. Sony (NYSE: SNE) has not been having a good year. From quarterly losses to major hackings, the once-powerful electronics manufacturer is taking a beating in virtually every area in which it conducts business. Now, several months after toying with the...
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PS Vita Not Coming This Year, Will Battle With iPad 3 in 2012
Thursday, August 4, 2011 - 6:27pm | 561Read More...From the, “Hey, we don't know what the heck we're doing!” department. Sony (NYSE: SNE) has reportedly confirmed that its next portable game system, PS Vita, will not be released in Europe or the United States in 2011. This follows a previous report claiming that the system would be released this...
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First Comes Zynga's I-P-O, Then Zynga's D-E-A-T-H
Monday, August 1, 2011 - 3:43pm | 1165Read More...Zynga's current business model is a recipe for disaster. In terms of media attention, Zynga is the can't-lose-game developer. From IPO amendments and new game anticipation to positive side effects and IPO valuations, Zynga is the company everyone is talking about. But while the news typically...
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Ninten "D'Oh": Nintendo Giving First 3DS Buyers "Perks"
Monday, August 1, 2011 - 11:04am | 616Read More...1 UP for the consumer. Nintendo (NASDAQ: NTDOY) has announced that it will cut the price of its 3DS portable gaming console by $80 to $169.99, and will in fact give the first consumers of the product special updates of downloadable titles. The early adopters, who are being called, "Ambassadors,"...
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Should Bad Corporate Execs Take a 50% Pay Cut?
Monday, August 1, 2011 - 8:55am | 307Read More...Nintendo's President is losing 50% of his salary. Why is he the only one? Last week we learned quite a bit about Nintendo (NTDOY). First we learned that, after failing to launch the Nintendo 3DS with any good games, the system flopped. (Stunning, isn't it? Who could have possibly predicted that...
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Nintendo Admits Defeat, Lowers Nintendo 3DS Price to $169.99 as Apple Enthusiasts Proclaim Victory
Thursday, July 28, 2011 - 1:31pm | 1148Read More...Nintendo truly is its own worst enemy. At around three in the morning, Nintendo (NTDOY) announced what may be the fastest price drop in video game history: starting August 12, the company will shed $80 off the MSRP of the embattled Nintendo 3DS, bringing the new price to a respectable $169.99....
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Review: Transformers Dark of the Moon, Stealth Force Edition (Nintendo 3DS)
Thursday, July 21, 2011 - 5:39pm | 494Read More...When High Moon Studios set out to create the latest Transformers game, they were given the luxury of working with the current crop of game consoles. Xbox 360 may be approaching its sixth birthday (hard to believe, isn't it?), but that doesn't mean it's a dead machine. As far as Microsoft (NASDAQ:...
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Citi Bearish on Nintendo, Revises Yen/Euro
Wednesday, July 13, 2011 - 8:00am | 89Read More...“We cannot see any real improvement in 3DS demand until the hardware price is cut and two new Super Mario Brothers titles are released, and we do not believe the Wii U has the same level of appeal as the Wii,” Citi wrote in a report focusing on Nintendo (NTDOY). “Also, we revise our yen/euro...
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Is Nintendo Smart to Ditch Smartphones?
Tuesday, July 12, 2011 - 2:46pm | 932Read More...Contrary to popular belief, Super Mario and Angry Birds are not the same. Last week, Nintendo made it crystal clear that it does not have any plans to develop for the Apple (NASDAQ: AAPL) iPhone or Google (NASDAQ: GOOG) Android platforms. This news came as a shock to some. “If Nintendo was...

