The above image visualizes what we've known for a while: Nintendo is a company on the ropes. Earlier this year, the company braced investors for bad news: Wii U is doing much worse that it had anticipated. How much worse? It expected to sell 6 million fewer Wii U systems than originally forecast. With the financial year over, did they meet their target? Not quite. The company only sold 2.72 million consoles, falling short of their own revised figures.
"Wii U hardware still has a negative impact on Nintendo's profits," the company said in its latest financial report. "Unit sales of software, which has high profit margins, did not grow sufficiently."
Electronic Arts has confirmed that it has extended its partnership with Respawn Entertainment to produce more Titanfall. We first heard about the deal from anonymous sources in March, but EA has confirmed it amid financial reports for the closing fiscal year.
As some fans suspected from hints dropped in Pokemon X and Y, Nintendo is bringing out remakes of the classic Ruby and Sapphire versions. Called Omega Ruby and Alpha Sapphire, respectively, they'll be launching worldwide on 3DS this November.
Steven first started playing video games when he was seven years old, and not really sure what he was doing. His parents told him that playing games and reading comic books would rot his mind, which pretty much cemented them as a permanent hobbies. He went on to make a career out of playing and talking about games, and has written for various AOL websites over the years including Big Download and Joystiq using an unending supply of a Boston/New Jersey hybrid brand of sarcasm. His gaming weapon of choice is the mouse and keyboard.