Nintendo stock down 5% after Wii U reveal

Hahahahahahahaha!

From Joystiq:

While our feelings were ... oh, let's be nice and say "mixed" on Nintendo's just-announced Wii U traders on the Tokyo Stock Exchange were pretty much clear about their distaste. Nintendo stock closed down five percent yesterday after the company's E3 keynote, settling at 16,970 yen ($212.44) -- a low the company hasn't seen since before the launch of the original Wii.It's not good news for Big N, but we're talking about a company that's made its fortunes on seeing opportunities where others don't. And hey, look at it this way, Nintendo: History has proven we'll eventually drop our defenses, conquer our trepidation and buy one anyway. So you've got us.

• Source: Forbes

E3 2011: Wii U (Project Cafe revealed) [Update: with video]

Wii U, pronounced "We You", is the official name of Nintendo's 'Project Cafe'.

This bizarre controller that features a 6.2" HD touchscreen, dual analog sticks, d-pad, 4 face buttons, 2 shoulder buttons, a microphone, an inward camera and a gyroscope is Nintendo's newest gadget. It's meant to coexist with the Nintendo Wii.

Honestly, I have no idea what to say and where to start. Nintendo raised more questions with the reveal of this new 'console/controller'. I'll tell you what I picked up from what they showed at the Nintendo Press Conference.

You can switch you game screen from your TV to the screen on the Wii U controller. For example, you are playing New Super Mario Bros. Wii on your TV and some chotch walks in and changes the channel, you then put down the Wiimote and pick up the Wii U and continue your game from there.

Nintendo has not abandoned motion controls like we thought they would since the Wii U controller looks to be able to interact with the Wiimote. The Wii U controller can also interact with the Wii Balance Board and can even mount on the Wii Zapper.

As for it's other features. You can draw on it, play minigames on it like checkers, make video calls, browse the web, share media on the controller's screen to your TV. Sounds like iPad huh?

Now for the big news that got my blood boiling with excitement. Nintendo President Satoru Iwata mentions that Super Smash Bros. will be arriving on both the 3DS and Wii U. The final nail on my financial coffin. I've told people many times that "if Nintendo announces a Smash bros. game for the 3DS and I have no choice but to buy one".

New Super Mario Bros. Mii (yes, Mii) was announced to be a Wii U game where you can play levels are your Mii. That's pretty much it.

A very interesting part of the press conference was that Nintendo revelead that the Wii U will have some heavy 3rd party support. The likes of Ken Levine and Peter Moore were shown and then they played a bunch of trailers of games that will be coming out for the HD consoles such as the PS3 and Xbox 360.

Games such as:

Darksiders II EA / EA Sports Assassin's creed Batman Arkham City Tekken Tom Clancy's Ghost Recon Online Dirt 3 Aliens Colonial Marines Metro Last Light Ninja Gaiden 3

[youtube http://www.youtube.com/watch?v=4e3qaPg_keg&w=560&h=349]

Getting my PrE3 on!

"E3! Fuck yeah!"

In case you didn't know. The world's largest gaming convention, E3, is right around the corner. Game announcements, demos, trailers, new hardware, and the like are afoot.

Let's talk about some of the things that I'm excited about this year's E3. E3 2010 was won by Nintendo and their reveal of the 3DS, it was a great show and even though 3DS sales are waning at the moment, it is no doubt an impressive piece of gaming hardware. Nintendo usually brings out the craziest ideas when it comes to gaming innovation and with their new console, codenamed Project Cafe, and it's bizarre controller. Who know's, maybe they'll take the spot light again this year.

I'm curious to see what Ninento has planned with their new console and it's controller. Claiming to have a HD touchscreen on each, I keep being reminded of the Gamecube and GBA connection. You could also say the SEGA Dreamcast but c'mon, that VMU thing was horrible. Definitely looking forward to Nintendo's press con.

As for Wii games, I'm hoping for US trailers and release dates for The Last Story, the Wii RPG being handled by the father of Final Fantasy himself Hironobu Sakaguchi, and Xenoblade, that other Wii RPG that might have connections with Xenogears and the Xenosaga series. Hopefully we get an update about the fate of The Legend of Zelda: Skyward Sword. I haven't heard anything about it since last year's E3 and remember what happened to Twilight Princess? It's around the same time again so history might repeat itself.

Another press conference that I am excited to see is Sony's. After the great PSN hack that happened recently, I'm very curious as to how Sony will address that. They can't NOT talk about it right?The NGP or the 'PS Vita' will obivously be making an apperance as this is Sony's next take on the handheld portabl gaming market.

Obviously I'm excited to see new trailers of games and new announcements are always good as well as release dates. But what about you? What specific games are you excited for at this year's E3? Share your thoughts in the comments section below.

We'll be watching the live streams of the press conferences all week and we will cover as much as we can to keep you guys updated but for now have a fun weekend guys!

Nintendo Wii price cut, now at $149.99

It's official: Nintendo is dropping the price on the Nintendo Wii to $149.99, as insinuated by price drop rumors floating around Nintendo's console the last few weeks. The price drop will be in effect as of May 15th, and will include a Nintendo Wii in black or white along with Mario Kart Wii and a matching colored wheel, replacing the Wii Sports/Wii Sports Resort pack-ins. For those dying to pick up a black wheel, it can be purchased separately for $9.99.

Beyond the Wii cost reduction, Nintendo also formally announced its "Nintendo Selects" program, which will offer popular Wii titles at the $19.99 price point. The four titles initially part of the Nintendo Selects family include The Legend of Zelda: Twilight Princess, Animal Crossing: City Folk, Mario Super Sluggers and, for the first time ever as a separate software purchase, Wii Sports. There was no mention of Super Smash Bros Brawl made officially by Nintendo.

It sounds like a great deal for someone that's been waiting all these years to pick up a Wii, with deals galore for classic titles that the legions of Wii owners have enjoyed for years. But with Nintendo's new console 'Project Cafe' coming next year, the timing seems a bit off to really drive any serious momentum for the flagging console.

Read more: http://www.g4tv.com/thefeed/blog/post/712360/nintendo-wii-price-cut-official-at-14999-nintendo-selects-to-follow/#ixzz1LOrzvLxA

Soure: G4TV

Wii successor confirmed by Nintendo

Today, Nintendo confirmed in an official statement the upcoming release of the Wii's yet unnamed successor.

The new console will go on sale in 2012 and will have its debut on this year's E3 in Los Angeles probably with playable demo of the machine.

April 25, 2011

To whom it may concern:

Re: Wii's successor system

Nintendo Co., Ltd. has decided to launch in 2012 a system to succeed Wii, which the company has sold 86.01 million units on a consolidated shipment basis between its launch in 2006 and the end of March 2011.

We will show a playable model of the new system and announce more specifications at the E3 Expo, which will be held June 7-9, 2011, in Los Angeles.

Sales of this new system have not been included in the financial forecasts announced today for the fiscal term ending March 2012.