Nintendo Cuts Outlook as Japanese Wii Sales Fall

Nintendo expects first annual loss in at least three...
Spurned by consumers who now favor tablets, smartphones and higher-definition consoles, Nintendo Co. said it will probably post a loss in its current fiscal year — its first in at least...

Rumors vs. reality: Next-gen consoles from Sony,...
The game press is buzzing with reports that major studios are on track to receive next-generation development kits from Microsoft by the end of the year. There are rumors that Microsoft will...

Sony warns of 4th annual loss; flags $2.2 billion TV...
TOKYO (Reuters) - Sony Corp surprised investors Wednesday by warning it is heading for its fourth straight annual net loss and that its TV business alone would produce a loss of $2.2 billion...