Free
Message: Still like the numbers associated with some of these product sales...

Still like the numbers associated with some of these product sales...

posted on Aug 16, 2005 06:28AM
**If the kiosk/kino market leads even remotely to this neighbor of consumer acceptance we, as shareholders, should benefit greatly. Both SONY and Nintendo combine content with their players. Atul is on the right path and continues to state he expects revenues to come from the new DVAP platform this fiscal year. Just keeping an eye on similar markets and the overall acceptance of small screen handhelds. Looks promising if EDIG can get it done.**

Nintendo Cuts Price of Handheld System By MICHAEL FELBERBAUM, Associated Press Writer

2 hours, 2 minutes ago

Nintendo Co. is getting more aggressive in the portable video game market, announcing a $20 price cut Tuesday for its newest handheld system.

The Nintendo DS is being reduced to $130 from $150. The cut is effective Sunday, a day before the release of the anticipated title ``Nintendogs,`` an interactive puppy simulator that lets owners train and play with a virtual pet. The dogs respond to owners through the built-in microphone and react to praise via the handheld`s touch screen.

The dual-screen handheld device made its way to retail stores in November and has sold more than 2.5 million units in North America and 5 million worldwide.

But Sony Corp (NYSE:SNE - news).`s PlayStation Portable, which retails for $250, stole the limelight in March with its all-in-one entertainment system that lets players watch movies, listen to music, play games and view photos. Sony has sold almost 2 million units in North America and shipped more than 5 million worldwide.

According to market research firm DFC Intelligence, the worldwide portable game market is expected to grow from $4 billion in 2004 to $11.1 billion by 2007. Nintendo is credited for creating the market in 1989 with its Game Boy series.

This fall, Nintendo plans to let DS players challenge each other via Wi-Fi — a feature already on the PlayStation Portable.

Share
New Message
Please login to post a reply