Holy shit, Nintendo is actually taking a loss.

With the strong yen, poor sales of the 3DS and Wii and " absorbing the inventory markdown taken into account with the connection of the price reduction of the Nintendo 3DS". They are making a ¥25.5 billion loss, compared to the ¥25.2 billion last year. Last year the strong yen was also to blame. Nintendo puts all the money they will lose this whole fiscal year because of the yen in the first quater, the other 3 quaters will be much better because of it.

Also

Price drop

You think you can sell a handheld for 250 bucks, Nintendo? You shall pay for this hubris right NOWWWWWW.

$169 for NA from August 12.

Nintendo press release said:

NINTENDO 3DS PRICE DROPS TO $169.99, AS GREAT VALUE AND NEW 3D GAMES COME TOGETHER

Star Fox 64 3D, Super Mario 3D Land, Mario Kart 7 and Kid Icarus: Uprising Prep Nintendo 3DS for a Strong Holiday Season

REDMOND, Wash., July 28, 2011 – Nintendo of America today announced plans to drop the suggested retail price of its portable Nintendo 3DS™ system to $169.99 in the United States, as new games based on some of the world's most beloved video game franchises head to the system. The new price, down from the suggested launch price of $249.99 and effective Aug. 12, makes an outstanding value even better and sets up a strong holiday season for the system.

"For anyone who was on the fence about buying a Nintendo 3DS, this is a huge motivation to buy now," said Nintendo of America President Reggie Fils-Aime. "We are giving shoppers every incentive to pick up a Nintendo 3DS, from an amazing new price to a rapid-fire succession of great games."

Nintendo 3DS has the strongest software lineup of any video game system this holiday season and the new price now opens up the glasses-free 3D experience to many more consumers. Building on the popularity of The Legend of Zelda™: Ocarina of Time™ 3D, which launched June 19, the upcoming game calendar is a Who's Who of iconic video game franchises. Star Fox 64™ 3D arrives on Sept. 9, followed by Super Mario™ 3D Land in November, Mario Kart™ 7 in December and Kid Icarus™: Uprising during the holiday season.

In addition to great games, Nintendo 3DS has a host of attractive features* that make it the must-have video game system this season:

The new Nintendo Video™ service automatically delivers short 3D videos from the worlds of music, comedy, animation and Hollywood.

A free application allows Netflix members with unlimited streaming plans to instantly watch TV episodes and movies streaming from Netflix.

The Nintendo eShop is a digital store for Nintendo 3DS owners that provides access to a wide variety of downloadable content, such as original 3D software, classic games that have been re-mastered in 3D called 3D Classics, Game Boy™ and Game Boy Color "Virtual Console" games in their original 2D glory, and more than 350 Nintendo DSiWare™ games. Visitors can also view video game trailers, screen shots and product information for games, including those available at retail locations.

Since Nintendo 3DS launched in the United States on March 27, more than 830,000 people in the U.S. alone have purchased one to enjoy 3D visuals without the need for special glasses. These Nintendo 3DS owners represent some of Nintendo's most loyal customers, and Nintendo is rewarding them for getting in on the action early with 20 free downloadable games from the Nintendo eShop.

These free games are available to anyone who owns a Nintendo 3DS system and uses a wireless broadband Internet signal to connect to the Nintendo eShop at least once before 11:59 p.m. Eastern time on Aug. 11. These users will automatically be registered in the Nintendo 3DS Ambassador program. The program contains two elements:

Starting Sept. 1, Nintendo 3DS Ambassadors will be able to download 10 NES™ Virtual Console™ games at no charge and before they are available in the Nintendo eShop to the general public. These games, including Super Mario Bros.™, Donkey Kong Jr.™, Balloon Fight™, Ice Climber™ and The Legend of Zelda™, are slated to become paid downloadable games, but Ambassadors get them early for free. Once the paid versions of the games are posted to the Nintendo eShop later in the year, the updated versions will be available to Ambassadors for download at no cost.

By the end of 2011, Nintendo will provide Ambassadors with 10 Game Boy Advance Virtual Console games. These include games like Yoshi's Island™: Super Mario™ Advance 3, Mario Kart™: Super Circuit, Metroid™ Fusion, WarioWare™, Inc.: Mega Microgame$ and Mario vs. Donkey Kong™. These games will be available exclusively to Ambassadors, and Nintendo currently has no plans to make these 10 games available to the general public on the Nintendo 3DS in the future.

More details about this program will be announced in the future.

aspro said:

Iga, you are the most likely to know this. I was playing Mario DS last night (the side scroller).  ANd of course, the music is great. As it is in SMG and the Wii channel etc...  Is there one dude at Nintendo who is the mastermind behind all that?  Do they have a dedicated group for music for all in-house games? Or is it team by team?

Nintedo employee's often switch from teams. Koizumi from Galaxy fame also worked on OoT for example and he invented Z-targeting by watching ninjas and made Link handsome. What a stud.

About your specific question, I just checked the credits of NSMB (DS version) and the music is credited to Asuka Ota and Hajime Wakai. The sound director is of course Konji Kondo. In Galaxy series most of the music is done by Mahito Yokota and Konji Kondo did a few tracks like Good Egg Galaxy and the Observatory. So the common ground is Kondo, but Galaxy soundtrack blows NSMB out of the water. The blows is so hard is achieves escape velocity and flies out in space.

^Desperate?!

They just found the panic button and started mashing it. Holy shit. What will Sony do?

Aspro you might want to change the title of the news you just posted.

I'm looking at the pther news I'd normally be posting, but it's all so small compared to this story.

^I already fixed it. Thanks.

-=-=

Leo is here.  His head probably exploded.  Too late to trade that 3DS in now.

  For reference to you new comers, in a headline I had the name of both games and the year wrong.

Xbox doesn't count, they were noobs who didn't know what they were doing.  I did not realize the N64 had a price drop, I came to it late.

Xbox launch price was $299, I remember that.

I'm tired!

and I'm going to bed.

Wow, $169 for the 3DS. Looks like once again I was right. Price drop before the end of the summer. I'm going to go tweet my buddy Pachter and let him know that yet another Robio prediction came true.

Vader will be thrilled. He'll be happy because now everyone else will buy one and he can discuss all the games he plays on it with everyone else like Ocarina of Time and . . .  ummmmm . . . well there's uhhhhh. . . hmmmm. . .  nevermind.