The company announced the NX news at the same time as it revealed that for the fiscal year ending March 31, its earnings plunged 60.6 percent to 16.5 million yen ($148 million) on revenue of $4.53 billion, down 8 percent. The company has struggled to compete with the Xbox One from Microsoft and Sony's PlayStation 4, with the Wii U failing to replicate the huge success the company experienced with the original Wii.
Nintendo failed to give any details about the new console, but quashed speculation about a reveal at the E3 gaming trade show in June, saying the company would be focusing on its new game "The Legend of Zelda" in Los Angeles.
Not much is known about the Nintendo NX, with Nintendo president Tatsumi Kimishima telling Time earlier this year that the console would not simply be an update to its current model. "I can assure you we’re not building the next version of Wii or Wii U,” he said. “[NX] is something unique and different. It’s something where we have to move away from those platforms in order to make it something that will appeal.”
A report from the Wall Street Journal in October said software development kits (SDKs) had already been shipped to developers with sources saying the NX would include "both a console and at least one mobile unit that could either be used in conjunction with the console or taken on the road for separate use."
Following the huge success of the original Wii console, which has sold over 100 units, Nintendo has struggled to compete with consoles from Sony and Microsoft with its Wii U console, which has sold just 10 million units since launching in 2012. In the last 12 months Nintendo has sold just over 3.2 million Wii U consoles, but predicts that figure to fall to just 800,000 in the coming year ahead of the NX release.
The company also revealed that the new game would be
released on Wii U and NX simultaneously next March, with the games being
developed in tandem. The Wii U version of the game will be showcased at
E3 as a playable demo, the company said.
“As we report the results of the last fiscal year, we also
look forward to an exciting period ahead with further growth in our
mobile business, new products for our dedicated video game systems and
continued progress in our efforts to increase the number of consumers
experiencing our IP through games, licensing and expanded
entertainment,” Kimishima said in a statement.
Nintendo recently dipped its toe in the mobile gaming business for
the first time with the launch of the social game "Miitomo." The company
revealed that it had already passed the 10 million user mark since its
launch in March. Recent data from SurveyMonkey Intelligence based on
just 4 million users suggested Nintendo was generating $40,000 per day
from the game with players paying for in-game currency to buy items such
as clothes for their avatar.
Nintendo fans in 16 countries can now preregister for its first ever smartphone game.
Photo: Nintendo
Nintendo struck a deal with Japanese mobile game developer DeNA to
release a total of six smartphone games over a period of two years and
the company has now announced that the next two games in that series
will be based on its popular franchises "Animal Crossing" and "Fire
Emblem.""Animal Crossing" is an animal-based simulator where the player character lives in a rural village populated with anthropomorphic animals. "Fire Emblem" is a tactical role-playing game with Nintendo saying it plans to make the smartphone version "more accessible" than the console versions of the game.
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