Nintendo to suffer first operating loss

Handheld games maker Nintendo says it aims to make a profit next year but has warned of its first ever operating loss this year.

• Nintendo game designer not resigning
• Nintendo posts first ever quarterly loss
• Nintendo to woo gamers with 'Wii U'

Wii successor to dominate E3

After years of shrinking Wii sales, the Nintendo will raise the curtain on the Wii's successor at the gaming industry's annual convention in Los Angeles.

• Nintendo says server breached
• Activision readies new Call of Duty
• New Facebook game: Empires & Allies

A splendid scheme

In march Finweek speculated Grand Parade Investments (GPI) might walk away with cash (rather than assets) in its deliberations with gaming giant Sun International.

• Sun Intl, Grand Parade in new deal
• The real Sun parade
• Chips fall into place

Phone fight

PLAYING GAMES on a cellphone hardly sounds like serious business. However, there are companies printing money from it. International IT research and consulting firm Gartner predicts the global market for mobile gaming will reach US$6,3bn in 2011. That's hardly surprising, given the gaming industry as a whole has already started to eclipse Hollywood in revenues and that people are steadily replacing their computers with mobile phones for many tasks.