The Money Making Game #1: Nintendo’s $300 Handheld

We certainly have no problem getting caught up in the fun of playing games, but the people who create them have their pocketbooks to worry about, too. In this column, finance expert and GameSpy contributor Chris Morris guides you through the tricky corridors the gaming industry’s financial side, touching on big-time business decisions and how they matter to the common gamer.

When Nintendo announced the price of the 3DS, jaws dropped. 25,000 Yen converts, as you undoubtedly know by now, to just under $300 — a figure the gaming world howled was too high. Many gamers initially assumed the system would carry the same price tag when it hit the states, and the outrage increased. Analysts and industry observers predicted (after currency conversion and other factors) that the U.S. launch price would likely be closer to $250, but this did little to mollify people.

What many people tend to ignore or forget, though, is that Nintendo made some enormous pricing mistakes with the Wii — leaving millions of dollars on the table. And with the 3DS, the company’s taking steps to ensure it doesn’t repeat those gaffes. $250 (or even $300, if the company decides to surprise everyone and roll the dice) is, admittedly, an extraordinarily high price for a handheld gaming device… particularly one that has a single function. And this pricing strategy could backfire and give Apple a window to increase its market share. But from a pure business standpoint, it’s a sure way for Nintendo to regain the confidence of its investors.

Read more at GameSpy

Video game industry loses some transparency

The NPD Group, which is the chief reporting agency for video game sales, is making some changes in the way it releases data – changes that will obscure insight into how the industry at large is faring.

Starting this week with the September sales numbers, the organization says it will no longer release any hardware sales information and will cease offering specific sales data for the industry’s top selling titles.

Read more at Variety’s Technotainment blog

 

Can Panasonic Survive the Video Game ‘Jungle’?

Seventeen years ago, Panasonic tried to break into the video game industry, lasting only three years before it was forced out. Now it’s ready to try again.

The company has unveiled the Jungle, a new handheld gaming system that will target players of online games. It’s a niche other companies have left wide open, but analysts—to put it kindly—are extremely skeptical about the company’s odds of success.

Read more at CNBC.com

Opinion: Panasonic Can’t See The Jungle For The Trees

[In his latest opinion piece, Gamasutra editor-at-large Chris Morris tackles the just-announced Panasonic Jungle, asking some tough questions about the surprise MMO-focused handheld system launch.]

There’s a line between brave and foolish – and earlier this week, Panasonic vaulted over it like an Olympic long jumper.

The Jungle, the electronics company’s upcoming handheld gaming system, was unveiled Tuesday – and immediately met with a combination of skepticism, confusion and indifference.

Read more at Gamasutra

Nintendo’s Dunaway heads for KidZania

On Friday, Nintendo said goodbye to its executive vice president of sales & marketing with a Princess Peach-adorned cake and the entire staff wearing masks with her Mii’s visage on it. On Monday, Cammie Dunaway starts her new job as U.S. President and Global Chief Marketing Officer for KidZania. 

If you haven’t heard of the company before, don’t worry. You’re not alone. While KidZania has eight ocations around the world (including Mexico, Japan and Dubai), it hasn’t hit U.S. shores yet. That’s something Dunaway’s going to change.

Read more at Variety’s Technotainment blog

Analysis: Nintendo Clears A Path For Apple To Take The Lead?

It was pretty hard to find anyone who liked Nintendo Wednesday afternoon.

Loyal fans were upset to learn they’d have to wait longer than expected for the 3DS. Nintendo investors were ticked that the company abruptly changed its fiscal 2011 earnings guidance. And shareholders of other publishers were annoyed, since Nintendo’s woes brought the entire gaming sector down on Wall St.

But the party was going strong at 1 Infinite Loop in Cupertino, Calif.

Read more at Gamasutra

3D gaming won’t hit stores until 2011

Despite indications it was right around the corner, 3D handheld gaming won’t hit store shelves until next year.

Nintendo announced Wednesday that its 3DS portable system, which lets owners play videogames in stereoscopic 3D without the need for special glasses, will go on sale in Japan next February — and will hit U.S. and European stores in March.

Read more at Daily Variety

As new motion controls arrive, will the Wii become obsolete?

For the past four years, Nintendo has the market to itself when it comes to motion control gaming. That’s finally coming to an end – and it has some people wondering about how the company will fare moving forward.

In mid-September, Sony launched PlayStation Move, a motion sensor that mimics – and, in some ways, improves upon – the Wii remote. Come November, Microsoft will join the fight with Kinect, a camera-based system that eliminates the need for controllers altogether.

Read more at Yahoo! Games

Nintendo to Roll Out 3D Gaming System Next Year

Nintendo’s jump into the 3D gaming world won’t happen until 2011.

The video game company on Wednesday announced that its 3DS portable system, which lets owners play games in stereoscopic 3D without the need for special glasses, will go on sale in Japan next February — and will hit U.S. and European stores in March.

Read more at CNBC.com

Nintendo 3DS won’t arrive until 2011

So much for a holiday surprise from Nintendo. 

The company today announced launch details for the 3DS, its upcoming handheld gaming platform that lets users play games in stereoscopic 3D without the need for special glasses. Japanese consumers will be the first to get their hands on the system – starting Feb. 26. U.S. and European gamers will have their chance in March.

Read more at Variety’s Technotainment blog