Today on Headline
RePLAY: Nintendo reports a complete loss for 2011 and a response to NimbleBit’s
letter to Zynga.
Despite Nintendo’s recovery with the 3DS, the company continues to struggle after another report of
quarterly losses; Nintendo now expects an annual loss of 45 billion yen.
“We had higher
expectations for the year-end season, but failed to meet them,” Nintendo President
Satoru Iwata told reporters in Osaka.
According to analysts,
the losses were attributed to a strong yen, the unprecedented price cut of the
3DS and the mobile smartphone and tablet market.
“To say that (the days
of console) are over is likely an overstatement,” said Shigeo Sugawara, a senior
investment manager at Sompo Japan Nipponkoa Asset Management. “But social
network and Internet delivered games are growing and structurally changing the
future of the industry, which is a strong wind against Nintendo.”
Beset on all fronts,
can Nintendo weather the storm of 2012 with its momentum on 3DS sales and the Wii U?
*Source: Reuters
Yesterday, NimbleBit
posted a graphic letter that alleged Zynga has blatantly ripped off Tiny Tower for its Dream Heights game.
However, this counter-letter contends that NimbleBit is guilty of calling the
kettle black.
It observes that Tiny Tower could’ve been an
“elaboration” or “continuation” of Corporation
Inc., a flash game hosted by Amor Games. And unlike NimbleBit, the letter
notes that Corporation Inc. credits Sim Tower, a game that Tiny Tower, Dream Heights and Corporation
Inc. are all derivative of.
The letter ends with
some friendly and familiar advice for NimbleBit: “All I’m saying is relax, your
situation isn’t so bad, Tiny Tower
looks like a fun game and its proven itself on the market. So stay humble,
don’t worry, and go out there and get inspired! (may I suggest starting at Amor
Games or Kongregate.com, you can find tons of “Inspiration” there).”
*Source: Kotaku
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