Nintendo ordered to pay portion of every 3DS sold to another company

The 3ds-royalty3DS, currently Nintendo’s best-selling piece of hardware, is about to be a bit less profitable.

U.S. District Judge Jed Rakoff has ordered the company to pay 1.82 percent of the wholesale price of each 3DS it sells moving forward to a company called Tomita, after Nintendo was found to be using patented camera technology without permission.

Read more at Yahoo! Games

Nintendo stock soars, hits two-year high

Nintendo nintendo-stock-up-top630has endured more than its share of bumps and bruises recently, but the company’s fortunes might be turning around.

Shares of the Kyoto-based video game maker hit a two-year high today, jumping 4 percent as traders in Japan speculated that strong 3DS sales numbers in the U.S. could help the company’s overall bottom line.

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Is the 3DS finally hitting its stride?

To say that Nintendo got off to a rocky start with the 3DS is something of an understatement. After a slight surge when it went on sale, consumer interest nose-dived, forcing the company to slash pricesand admit to being guided by hubris.

These days, though, things are looking up for the handheld system. It recently surpassed the first year sales totals of the DS system, and life to date system sales are at a solid 3 million. By February, the company expects to cross the 4 million mark.

Read more at Yahoo! Games