Nintendo profits hurting esp after 3DS price decrease

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TechnoBill Freakazoid
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Bloomberg Article

Apparently Apple is eating Nintendo for lunch when it comes to downloadable game content.

Quote:
“Nintendo is getting desperate,” said Koichi Ogawa, chief portfolio manager at Daiwa SB Investments Ltd. in Tokyo, which manages $28 billion. “The video-game industry is in a tough period with consumers shifting to playing on their smartphones.”


Quote:
Nintendo is also facing increasing competition from Apple, which has sold more than 200 million devices capable of downloading and playing games. Apple’s App Store offers a choice of more than 100,000 game and entertainment applications to users of the iPad, iPhone and iPod Touch.

NightCougar of the Dawn +9650 postcount
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So the gaming industry is all a flutter because US gamers are finally turning into Japanese gamers that want cell phone games. Meh...if Japan survived this, the US will too. Only with less dating sims and more silly facebook games.
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Nintendo profits hurting esp after 3DS price decrease