GG Weekly Videogame News RSS Feed
[eurogamer.net] From Dust PC Release Delayed Lokos like it wil lbe XBLA exclusive for a while. eurogamer.net news aspro
[eurogamer.net] Vita's Online Modes Detailed It has cross game voice chat. eurogamer.net news aspro
[giantbomb.com] Twisted Metal Will Get M Rating in US Will lose lucrative T rating sales. giantbomb.com news aspro
[gamasutra.com] Itagaki Gets It All Out of His System it was about the time for another Itagaki blast. gamasutra.com news aspro
PS3 Outselling 360 by 10% This Year (Worldwide) Global sales defy US patterns. industrygamers.com news aspro
[joystiq.com] God of War Master Collection is German Exclusive Every single GoW game in a single box may still come to other regions. joystiq.com news aspro
[arstechnica.com] Ars Reviews Avatar Kinect Has nothing to do with air bending. arstechnica.com impressions aspro
Real Game Announced for Xperia Play :O Battlefield: Bad Company 2 ripten.com news aspro
[vg247.com] Tekken Tag Tournament 2 in 2012 PS3 game will include HD version of TTT. vg247.com news aspro
[siliconera.com] Disgaea 3 Heading to Vita NIS release schedule was posted accidentally. siliconera.com news aspro
[gameinformer.com] Avatar Kinect Launches Today It's like PSN Home, but you make faces. gameinformer.com news aspro
1UP Reviews Call of Juarez "C-" "a woefully clumsy jump into being urban and edgy" 1up.com impressions aspro
[develop-online.net] Pachter: "Unpaid crunch deserves no sympathy" Full-time game developers shouldn’t complain they have to work unpaid overtime develop-online.net news Iga_Bobovic
[computerandvideogames.com] GoldenEye Reloaded Should the N64 Classic be Left in the Past? computerandvideogames.com editorial phantom_leo
[gamespot.com] Amazon Ceases Black 3DS Sales UPDATE: It appears to have been just an inventory problem. gamespot.com news aspro
[eurogamer.net] Ganon NOT in Skyward Sword More story details... eurogamer.net news aspro
Super Pokemon Rumble Delayed Japanese 3DS. andriasang.com news aspro
[vg247.com] Last Week's UK Charts Zumba #1 again, Juarez #2. vg247.com news aspro
[vg247.com] Mass Effect 3 Has More "Consequential" Choices As a result of there being no Mass Effect 4. vg247.com news aspro
Norway Killer Credits Modern Warfare 2 for Training "part of my training-simulation" brisbanetimes.com.au news aspro
[gameinformer.com] XBLA's Price Creep A look at the inexorable rise. gameinformer.com news aspro
[nytimes.com] NYTimes Writes 6 Pages on Game You've Never Heard Of Dwarf Fortress nytimes.com news aspro
[gameinformer.com] Skyward Sword Will Have Weapons Ugrades gameinformer.com news aspro
[gamespot.com] New US Releases Week of July 24 Catherine, Dragon Age expansion, From Dust... gamespot.com news aspro
[youtube.com] PSO 2 trailer Very excited japanese! youtube.com Dvader
[thevgpress.com] 100th Episode of Press Room Coming Up We need your help. thevgpress.com news aspro
[joystiq.com] GamePro Switching to Quarterly Price increase as well. joystiq.com news aspro
[joystiq.com] Joystiq From Dust Review "3.5/5" "it's almost impossible to know where it is you went wrong" joystiq.com impressions aspro
[giantbomb.com] Giant Bomb Reviews From Dust "4/5" "robust downloadable reminds you why it's so much fun to play video-game god" giantbomb.com impressions aspro
[gamespot.com] NCAA Football Sells 700,000 in Two Weeks 870,000 online games played online so far. gamespot.com news aspro
[gameinformer.com] 360 Getting Bluetooth Headset and New Media Remote $60 and $20 respectively. gameinformer.com news aspro
[vg247.com] EA First Quarter Financials Revenue and profits climb. vg247.com news aspro
[arstechnica.com] Feature: 7 Indie RPGS Worth Playing Including, "Charles Barkley's Shut Up and Jam: Gaiden" arstechnica.com editorial impressions aspro
[joystiq.com] Crysis 2 Shipped 3 Million, Dead Space 2 at 2 Million FIFA and BBC2 numbers as well. joystiq.com news aspro
[gamasutra.com] Final Fantasy 13-2 Q&A Yoshinori Kitase and director Motomu Toriyama interview. gamasutra.com news aspro
[giantbomb.com] Giant Bomb Quicklook: Galaga & Pac-Man Dimensions 3DS giantbomb.com impressions aspro
Phantasy Star Online 2 Details & Screens Alpha begins soon. 1up.com news aspro
[siliconera.com] Message From Level 5 President Akihiro Hino to Overseas Fans Level 5 is looking to bring more games over from Japan siliconera.com news Nintyfan17
Amazon Holding Big 1-Day Gold Box Sale Brink listed for $19.99 punchjump.com news robio
3D Double Dragon II Remake Coming to XBLA Renamed "Wander of the Dragons" co-optimus.com news robio
Chinese Couple Sells Their Kids To Fund MMO Habit  Kids went from $500 to $4,600. A good deal ktla.com news robio
Sequel to Marvel Pinball Coming Soon to XBLA, PSN and PC. Ghost Rider table already announced platformnation.com news robio
The Press Room Episode #99 Foolz, Yoda, Homer and Akinator. Lots of Akinator. thepressroompodcast.com editorial impressions news aspro
[gamespot.com] Interesting Interview with Shadows Damned Director Why he left Grasshopper, games should be cheaper and more. gamespot.com news aspro
[eurogamer.net] DICE Clarifies B3 Beta/ Alpha Acess The Alpha is open only the Medal of Honor owners. eurogamer.net news aspro
[gamasutra.com] Just Cause Developer Interview They talk about their new game, Renegade Ops. gamasutra.com news aspro
[gameinformer.com] Medvedev Wants Russian History Game gameinformer.com news aspro
[tinycartridge.com] New Vague 3DS Update "System stability improvements and other adjustments" tinycartridge.com news aspro
Final Fantasy Tactics Heading to iOS ripten.com news aspro
[siliconera.com] Hands-on With GoldenEye HD "the build I played had a couple of glitches" siliconera.com impressions aspro
[gamespot.com] Epic Boss Talks About Future of Console Gaming "Everything's changing." gamespot.com news aspro
[joystiq.com] It's Over for Red Faction "we do not intend to carry forward with that franchise" joystiq.com news aspro
[eurogamer.net] EA: Wii U can do "anything" PS3, 360 can "The short answer is yes [we have a better idea of Wii U's power]; the longer answer is not quite," said Wilson. eurogamer.net news aspro
[joystiq.com] Future Shop Knocks $50 off 3DS Through July Only a few more days to go eh? joystiq.com news aspro
[gamasutra.com] Half of Netflix Users Use Consoles to Stream Maybe there is a future for consoles. gamasutra.com news aspro
[siliconera.com] New RE4 and Code Veronica HD Footage siliconera.com media aspro
[siliconera.com] Pokemon Director Disappointed in E3 This Year "As a game creator, it is little sad!" siliconera.com news aspro
[vg247.com] THQ “disappointed” in Q1 results Losses increases over last year. vg247.com news aspro
Last Week's Japanese Charts Rhythm Heaven and 3DS top charts. andriasang.com news aspro
[giantbomb.com] Disney Buying Ignition's Parent Company Oh well, it was good while it lasted. giantbomb.com news aspro
More Details on PSP -> PS3 Conversion Process PSP Engine, is a sort of emulator/operating-system hybrid that runs on the PS3. 1up.com news aspro
[joystiq.com] Ubisoft Brings Back Always-On DRM For Driver: San Francisco of all things. joystiq.com news aspro
Famitsu Reviews Translated Kirby DS, Epic Mickey and Hal Min Hero 2. 1up.com impressions aspro
[videogamer.com] RE4 and Code Veronica Priced and Dated for PSN & XBLA $15 for each. RE4 - 9/20, CVX - 9/27 videogamer.com news robio
[videogamer.com] Square-Enix Says Wii U Needs a Strong Launch Lineup So it's safe to say they won't be contributing videogamer.com news robio
Epic is Very Interested In the Wii U Another positive meaningless endorsement xbitlabs.com news robio
New Club Nintendo Rewards Announced DK Poster Set and a Mii Thingy... 1up.com news robio
Famitsu Readers Polled on Wii U Mixed response. andriasang.com news aspro
[nintendoworldreport.com] NOA confirms release of Xenoblade NoA in this case being Nintendo of Australia nintendoworldreport.com news Iga_Bobovic
Capcom Admits Ultimate MvC Was Going to be DLC Not a great week for Capcom PR. andriasang.com news aspro
[joystiq.com] Snake Eater 3DS Bumped to 2012 May still be 2011 in Japan. joystiq.com news aspro
[vg247.com] New NBA Jam Trailer vg247.com media aspro
[vg247.com] Rumor: EA Working on PS3 Exclusive Shooter? Pretty dubious. Mostly resume stuff. vg247.com news aspro
[tinycartridge.com] Pac-Man/Galaga 3DS Has No Delete Features Too You can't erase high scores or unlocked achievements. tinycartridge.com news aspro
[gamasutra.com] EA Boss: Traditional Console Cycle "Gone Forever" "The industry has radically changed and the pace of change has accelerated dramatically" gamasutra.com news aspro
[eurogamer.net] First Duke Nukem DLC Announced Four new maps including, "Call of Duke". eurogamer.net news aspro
[joystiq.com] US Retailer GameStop Selling DL PC Games Exactly how this process works isn't made clear. joystiq.com news aspro
[gamespot.com] Capcom Sales and Profits Plummet Profits down to a measly $9 million. gamespot.com news aspro
[gamasutra.com] XBLA Had Best 12 Months Ever Increasing install base boosts XBLA profits and memberships. gamasutra.com news aspro
[eurogamer.net] Bastion Tops XBLA Charts eurogamer.net news aspro
[eurogamer.net] Ubisoft Declares DRM Efforts a "Success" "a clear reduction in piracy of our titles" eurogamer.net news aspro
Nintendo Incurring Loss on 3DS Hardware Nintendo taking a loss on hardware?! Someone call Satan, hell has just frozen over. andriasang.com news Iga_Bobovic
[nintendoworldreport.com] Family Fishing/Fishing Resort Nintendo Life preview "Whereas Twilight Princess was an adventure game with a little bit of fishing, this game can be thought of as a fishing game with a little bit of adventuring." nintendoworldreport.com impressions media gamingeek
[develop-online.net] Confirmed: PS Vita RAM cut by half to 256mb "No that won't affect us," say Reality Fighters develop-online.net gamingeek
[eurogamer.net] Valve Pulled Dragon Age II, Not EA "Steam has adopted a set of restrictive terms of service" eurogamer.net news aspro
[gamasutra.com] Nintendo Drop Profit Expectations by 82% Looking for profits of ¥20 rather than ¥110 billion. gamasutra.com news aspro
[vg247.com] Mario Land 3DS and Mario Kart Confirmed for 2011 Holiday season. vg247.com news aspro
[nintendo.com] Price drop 3DS announced  It is $169,-now. Vader, Leo and GG screwed nintendo.com news Iga_Bobovic
[vg247.com] Nintendo Q1 Results 3DS sells 710K, net sales down from ¥189 billion last year to ¥94 billion. vg247.com news aspro
[vg247.com] PS3 Sales Down in Q1 PS3 software is up, PSP software down. vg247.com news aspro
[joystiq.com] Robot Plays Dance Dance Revolution After a hard day at the car factory. joystiq.com news aspro
[gameinformer.com] Duke Patch Gives Bigger Inventory PC only. gameinformer.com news aspro
[joystiq.com] Gears of War Board Game Announced joystiq.com news aspro
[gameinformer.com] Mirror's Edge Sequel Under Development Will use DICE's Frostbite engine. gameinformer.com news aspro
[vg247.com] Vita RAM Not Halved Rumor versus rumor. vg247.com news aspro
[gamespot.com] Ocarina Has Sold Over a Million Yesterday, the company said it had sold 4.32 million 3DS units. gamespot.com news aspro
[gamasutra.com] Sega Posts Quarterly Loss on Poor Sales US sales dragged down Sammy's revenue. gamasutra.com news aspro
[tinycartridge.com] Is Nintendo's Free Game Offer a Risk? Could it keep early adopters busy enough to not buy new games? tinycartridge.com editorial aspro
[giantbomb.com] Yamauchi Lost $300 Million on Nintendo Stock Drop At least on paper. giantbomb.com news aspro
Sonic Generations 3DS Screens andriasang.com media aspro
Peacewalker PS3 Will be 60 FPS As in Frames Per Second. andriasang.com news aspro
Vita Processor Revealed Samsung is making it. andriasang.com news aspro
[nintendo.co.jp] Iwata explains reasons for drastic 3DS pricecut. Will take 50% paycut. Iwata is no longer laughing nintendo.co.jp news Iga_Bobovic
Treating ADHD With Video Games Anyone else doubting this? gamespy.com news robio
EA Declares 3-D Gaming a Flop And they know a thing or two about flops tgdaily.com news robio
[worthplaying.com] Gunslingers: Western Heroes Announced for the Wii I bet it's as good as RDR worthplaying.com news robio
No More Heroes: Heroes' Paradise Demo Up on PSN Move enabled ripten.com news robio
Pro Evolution Soccer 2012 Release Data Announced September 27, 2012 gamingunion.net news robio
[kotaku.com] Expert Says Blaming Massacres On Games is Racist Seems like kind of a stretch huh? kotaku.com news robio
[vg247.com] Crytek Working on New Shooter IP “new IP, shooter genre, TBA title for Xbox360, PS3 and PC” vg247.com news aspro
[gamespot.com] US New Releases Week of July 31 Fallout DLC, Limbo PS3, Insanely Twisted Shadow Planet... gamespot.com news aspro
Iwata Wishes They Had Dropped Price on Gamecube "they had a chance that they did not utilize" andriasang.com news aspro
1up: Why You Should Want Xenoblade "For one, the game is often stunningly beautiful" 1up.com impressions gamingeek
[joystiq.com] Breath of Fire 4 Coming to PSN August 16. joystiq.com news aspro
[gameinformer.com] British Tabloid Says 3DS Drop is Due to Dizziness Idiots. gameinformer.com news aspro
[vg247.com] EA Bringing Stalwarts to iOS Need for Speed and Madden. vg247.com news aspro
[vg247.com] MS May Change Rules on Free-to-Play Titles (I thought they already had). vg247.com news aspro
Final Fantasy Tactics Comes to iOS Match made in heaven. 1up.com news aspro
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Thu, 28 Jul 2011 16:00:00
bugsonglass said:

I did a search for tickets for the "book of mormon" show in new york to see if i could get to see it when i'm there in a couple of weeks.  My search revealed that ticket prices range from $230 (with which they may probably let you stand in the foyer) to $700 (for the good seats).  And this is apparently sold out every night?  Are people completely crazy?  Economic crisis my ass

Oh let me know when you go maybe I am in town. Most broadway shows I can find tickets or around $100 and any time. That said I never checked that one, it must be huge. I want to see Spider-Man even if its bad.

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Thu, 28 Jul 2011 16:04:27
WTF? 3DS pricedrop from $250 to $170 in like 4 1/2 months? Wow. You know I didn't have buyer's remorse before but I think I'm getting it now. At least they have a pretty good offer of free games for early adopters but man I sure would have liked to have that extra coin in my pocket instead. Sad

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Thu, 28 Jul 2011 16:21:52
Dvader said:

Uhhh not sure how to feel about 3DS price drop. They had to do one but thats a big one and really soon. I feel ripped off. Can I get a rebate?

Why do you feel ripped off? You bought it for 250 because you thought it was worth that price, right? If not why did you buy it in the first place?

The VG Press
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Thu, 28 Jul 2011 16:32:38
Iga_Bobovic said:
Dvader said:

Uhhh not sure how to feel about 3DS price drop. They had to do one but thats a big one and really soon. I feel ripped off. Can I get a rebate?

Why do you feel ripped off? You bought it for 250 because you thought it was worth that price, right? If not why did you buy it in the first place?

Early adopters get the best hardware and shit in exchange for the risk of getting shafted with something. A pricecut, lack of software, hardware failures. He shouldn't feel ripped off.

Unless...he wasn't totally convinced of the 3DS being a worthy purchase to begin with.

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Thu, 28 Jul 2011 16:35:29
SteelAttack said:
Iga_Bobovic said:
Dvader said:

Uhhh not sure how to feel about 3DS price drop. They had to do one but thats a big one and really soon. I feel ripped off. Can I get a rebate?

Why do you feel ripped off? You bought it for 250 because you thought it was worth that price, right? If not why did you buy it in the first place?

Early adopters get the best hardware and shit in exchange for the risk of getting shafted with something. A pricecut, lack of software, hardware failures. He shouldn't feel ripped off.

Unless...he wasn't totally convinced of the 3DS being a worthy purchase to begin with.

But if you are not convinced why buy it in the first place?

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Thu, 28 Jul 2011 16:39:08
Iga_Bobovic said:
SteelAttack said:
Iga_Bobovic said:
Dvader said:

Uhhh not sure how to feel about 3DS price drop. They had to do one but thats a big one and really soon. I feel ripped off. Can I get a rebate?

Why do you feel ripped off? You bought it for 250 because you thought it was worth that price, right? If not why did you buy it in the first place?

Early adopters get the best hardware and shit in exchange for the risk of getting shafted with something. A pricecut, lack of software, hardware failures. He shouldn't feel ripped off.

Unless...he wasn't totally convinced of the 3DS being a worthy purchase to begin with.

But if you are not convinced why buy it in the first place?

Many reasons. His work asks him to be on the move constantly. He had disposable income and wanted something to keep him entertained. He was curious about the technology.

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Thu, 28 Jul 2011 16:44:08

This is why you should always blow your money on hookers and coke first. Then any left-over money you have can be budgeted for video games in a responsible manner.

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Thu, 28 Jul 2011 16:44:11
SteelAttack said:
Iga_Bobovic said:
SteelAttack said:
Iga_Bobovic said:
Dvader said:

Uhhh not sure how to feel about 3DS price drop. They had to do one but thats a big one and really soon. I feel ripped off. Can I get a rebate?

Why do you feel ripped off? You bought it for 250 because you thought it was worth that price, right? If not why did you buy it in the first place?

Early adopters get the best hardware and shit in exchange for the risk of getting shafted with something. A pricecut, lack of software, hardware failures. He shouldn't feel ripped off.

Unless...he wasn't totally convinced of the 3DS being a worthy purchase to begin with.

But if you are not convinced why buy it in the first place?

Many reasons. His work asks him to be on the move constantly. He had disposable income and wanted something to keep him entertained. He was curious about the technology.

We will see his answers soon, but so far I feel no sympathy. For 2 reasons:

1) I am a sociopath and incapable of empathy

2) This always happens, you pay the price for being an early adapter. Buying stuff because of promised releases or hype does not make any lick of sense. Buy consoles and handhelds for game you want to play right now, not games that are coming in teh future.

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Thu, 28 Jul 2011 16:48:13
gamingeek said:

Here's the lowdown of free 3DS games for people who log onto the eShop before August 12th

- Nintendo is confirming that they will sell NES VC games on the eShop for 3DS. But they will not be released on Sept 1st.



- Instead, on Sept 1st they will be pushing out "early bird editions" of the free NES games for those who bought and registered their systems before the price drop. Only these systems will be able to download and play these NES games at that time.



- These versions sound like beta emulated versions. There will be no digital manuals included, and while you can switch the controls from player 1 to player 2 for certain games which allow for such play, there will be no cross system multiplayer supported at all.



- Eventually at a later date, complete versions will be released for actual sale on the eShop. When this happens, those with the "early bird editions" will be able to update to the full versions for free.

- For the GBA VC games, it gets even weirder. While there is no release date for those other than within 2011, Nintendo is outright saying that they currently have NO plans to ever sell such games on the eShop. This is something specially for early adopters as a reward, and are considered "not for sale" releases.

Free VC NES games for 3DS (from sept 1st):

  • Super Mario Bros.
  • Donkey Kong JR.
  • Balloon Fight
  • Ice Climbers
  • The Legend of Zelda
  • + 5 more

Free VC gameboy advance games for (Nintendo Ambassadors) 3DS:

  • Super Mario Advance 3 - is this Yoshi's Island?
  • Mario Kart Advance
  • Metroid Fusion
  • Wario Ware
  • Mario vs. Donkey Kong
  • + 5 more

So basically if you already own a 3DS you connect to the 3DS shop before August 12th and register for this ambassador program. Later you get to download beta versions of 10 NES games which new owners can't, you then get the proper versions for free later to download.

For the GBA games you get 10 free and it sounds at the moment like the only way you get these gba games is if you are an early adopter as nintendo hasn't announced gba support for the eshop yet.

Yoshi's Island is enough of a reason I wish I adopted early. Because that is the best 2D Platformer in my opinion. But I'm also happy that I'm waiting until November.

SUPER MARIO MAKER LEVELS:

  • SMB Mix-Up! (1AB2-0000-0047-5A7D)
  • Storm the Castle (77BD-0000-00E0-A9C0)

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Thu, 28 Jul 2011 16:52:29
But I did blow my money on hookers and coke first but I could be doing another round right now. Profound sadness. Sad

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Thu, 28 Jul 2011 17:01:52
Speaking for myself I felt it was worth getting a 3DS at launch for $250. I knew there'd be a price cut but I wasn't expecting it this soon and this deep. I could have waited for the 4 1/2 months. I was expecting a $50 price cut at most and closer to a year away. Of course this would have been a likely scenario had the system been selling better.

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Thu, 28 Jul 2011 17:02:26
Iga_Bobovic said:

GG you have a wrong view what discussions are about. They are not about changing peoples viewpoints, if you go into discussion with that goal you will only get disappointed. People do not like to change their viewpoints, they are stubborn. No the point of discussion is to insult people in a sarcastic way, to make them feel bad. To ensure the first thing they think about when they wake up is your beautiful insults. To make people feel lesser about themselves, and therefore elevate your own ego to godhood. So spill it boy. Cry havoc and let slip the insults.

lol

Dvader said:

Uhhh not sure how to feel about 3DS price drop. They had to do one but thats a big one and really soon. I feel ripped off. Can I get a rebate?

Did you feel ripped off for paying $250 for the Wii? $600 for the PS3?

I bought an Xbox 1 for $300 back in the day, then they cut the price to $200 a month later. Did I feel ripped off? Not really, because Halo was worth it. I HAVE felt ripped off buying a good amount of software this generation for $50 or $60 though.

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Thu, 28 Jul 2011 17:08:33
Archangel3371 said:
Speaking for myself I felt it was worth getting a 3DS at launch for $250. I knew there'd be a price cut but I wasn't expecting it this soon and this deep. I could have waited for the 4 1/2 months. I was expecting a $50 price cut at most and closer to a year away. Of course this would have been a likely scenario had the system been selling better.

Look at it from this angle. You were going to buy it no matter what? Let say it sells gangbusters, you still would have paid 250. When the price would eventually drop, you would get nothing. Now at least you get free games.

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Thu, 28 Jul 2011 17:11:14

As far as I can see, the only reason to buy a 3DS right now is a revamped version of an old N64 game. Not exactly what you want to be trying to sell new cutting edge hardware with, even if the game is awesome. Nintendo should have waited until better software was available. I hope they don't have this issue with the Wii 2, though since nothing besides Zelda and a few RPG's are remaining they should have had plenty of time to get software ready. And I'm thinking that's why the 3DS is lacking; they're focusing more on getting major games onto the Wii 2 since their console success is much more fickle than their handheld business, they probably feel they can afford to slack a bit in the handheld area.

Edited: Thu, 28 Jul 2011 17:16:38

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Thu, 28 Jul 2011 17:14:42
edgecrusher said:

As far as I can see, the only reason to buy a 3DS right now is a revamped version of an old N64 game. Not exactly what you want to be trying to sell new cutting edge hardware with, even if the game is awesome.

Don't forget Starfox 64. I rather have a new Starfox, but after the recent Starfox games I don't trust they can make a good Starfox anymore. The virtual console has some great games too.

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Thu, 28 Jul 2011 17:20:41
Yeah that's true Iga the free games certainly soften the blow. I just figured I'd have spent more time with it between launch and it's inevitable first price cut but in these past few months I haven't really spent a lot of time with it so the wait to get it cheaper would have been more bearable then had it been selling better. Oh well c'est la vie. I guess I should visit McDonald's or someplace and start downloading some of those games.

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Thu, 28 Jul 2011 17:24:38

2. 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.: Minigame Mania 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 Nintendo 3DS in the future.

Whoa.

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Thu, 28 Jul 2011 17:33:46

If that's really the case, then it's almost an incentive to pick one up now.

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Thu, 28 Jul 2011 17:34:00
It sounds like Nintendo is taking a loss on each system with this price cut. I guess lagging sales coupled with some developers stopping development on some games can be a real motivator.

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Thu, 28 Jul 2011 17:39:45
Bloomberg Japan said:

Bloomberg Japan reports today that the new 3DS price point means Nintendo will incur a loss on every system sold. At a press conference in Osaka today, Nintendo CEO Satoru Iwata justified this by saying that such major moves were necessary in order to improve fiscal performance next year and beyond.  

Nintendo slashed the price of the 3DS earlier today worldwide. In Japan, the system was cut from its launch price of ¥25,000 to ¥15,000. Early adopters who paid the initial price will be given access to 20 free Famicom (NES) and Game Boy Advance Virtual Console games, some exclusively.

In addition to the price cut, Nintendo announced lowered earnings targets for the year. A SMBC senior analyst told Bloomberg that 40% of the lowered revision was due to the 3DS price cut. An analyst as Securities Japan expressed surprise at how quick the price cut came.

The Securities Japan analyst suggested that investors might rush to sell Nintendo stock, although he doesn't believe the stock will drop below 10,000 yen. Nintendo stock ended the day at 14,000 yen, up 0.1% from the day prior. On the 27th, one day before the price cut and earnings report announcements, the stock had temporarily dropped to 13,770 yen, its lowest point since December 2005.

During earnings periods, Nintendo usually holds a Tokyo press briefing the day after its Osaka press briefing. It's likely that will get more information there.

The VG Press
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