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Nintendo on Tuesday reported quarterly profit that beat market estimates and said it sold more units of its flagship Switch console than it had forecast. Here's how Nintendo did in its fiscal fourth quarter versus LSEG estimates:Revenue: 277.1 billion Japanese yen ($1.8 billion) versus 280.6 billion yen expected. Net profit: 82.6 billion yen versus 57.2 billion yen expected. Earlier this year, Nintendo hiked its forecast for sales of its flagship Switch console to 15.5 million units in its fiscal year ended March. The company said it expects to sell 13.5 million Switch consoles in the fiscal year ended March 2025.
Persons: Mario Organizations: NINTENDO, Universal Studios Hollywood, Nintendo, Investors, Analysts, CNBC, Mario Bros Locations: Universal City , California
New York CNN —Dozens of former Google workers filed a complaint with the US National Labor Relations Board on Tuesday after they were fired or placed on administrative leave last month for protesting the company’s cloud-computing contract with Israel’s government. We are confident in our position and stand by the actions we’ve taken.”Last month’s protests involved employee sit-ins inside Google’s offices in New York City and Sunnyvale, California. No Tech for Apartheid said last week that 50 Google employees were terminated in connection with the protests. The group claimed that some of the workers fired were “non-participating bystanders” and not actively involved in the workplace activism. But affected workers say they should not have been fired for protesting the company’s actions.
Persons: , Thomas Kurian, , Zelda Montes, Benjamin Sachs, Kestnbaum, that’s, Sundar Pichai, Pichai, ” Pichai, Googlers, , Catherine Thorbecke Organizations: New, New York CNN, US National Labor Relations Board, Tech, Apartheid, Google, CNN, , Labor, Industry, Harvard Law School, Hamas Locations: New York, New York City, Sunnyvale , California, Sunnyvale, Israel, Gaza, America
If you've spent time on TikTok or X in the past few months, you may have spotted a proliferation of videos and posts about two video game characters. There's Astarion from "Baldur's Gate 3," and more recently, there's Vincent Valentine, a fan-favorite character from Square Enix's "Final Fantasy VII" remake. Square Enix; Gregg DeGuire/Getty ImagesMercer's opening line in "Final Fantasy VII: Rebirth" is now a fandom legend. from within the depths of his velvet-lined coffin, longtime "Final Fantasy" fans were introduced to the super-cool, uber-goth gunslinger. "I hope viewers of the work see, too, that there's more underneath the surface of a person than the trope of this decadent, hedonistic, theatrical vampire," Newbon said.
Persons: , hasn't, you've, There's, there's Vincent Valentine, Edward Cullen sparkled, Edward, he's, there's, Alucard, Valentine, Matthew Mercer, Neil Newbon, Matt Mercer, Zelda, Vincent Valentine, Gregg DeGuire, Vincent, Mercer, I've, Vox, Scott Garfitt, who's, Astarion, Newbon Organizations: Service, Business, BAFTA, Getty Images
By the time they left, Wilde had committed to writing “The Picture of Dorian Gray” and Conan Doyle had agreed to write “The Sign of Four,” one of his most famous Sherlock Holmes stories. Now, Conan Doyle’s letters recounting that fated dinner and his sole handwritten manuscript of “The Sign of Four” are being auctioned by Sotheby’s New York, alongside other literary treasures. The manuscript alone is expected to fetch up to $1.2 million, given its unique significance and status as the most valuable Conan Doyle item ever offered at auction, a Sotheby’s statement said. Courtesy Sotheby'sThe manuscript itself is exceptionally clean, bearing only Stoddart’s edits to Americanize spellings and a few crossed-out words as Conan Doyle himself tweaked his work. All of Conan Doyle’s other surviving manuscripts, most of which reside in museums, similarly show little sign of being edited, Kiffer added.
Persons: Arthur Conan Doyle, Oscar Wilde, J.M Stoddart, Wilde, Dorian Gray ”, Conan Doyle, Sherlock Holmes, Conan Doyle’s, , ” Selby Kiffer, they’re, you’re, Kiffer, Doyle, , Stoddart, Holmes, Watson, Rodney P, Scott Fitzgerald, Gatsby, Scott, Zelda, Vladimir Nabokov, Graham Greene, Vera Organizations: CNN, Langham, Lippincott’s, Sotheby’s Locations: London, American, York, Chicago, New York
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Before I share how I survived my 15-hour flight, I have to let you in on my personal Q2 challenge: I'm determined to eat less ultra-processed foods. Now the city has reimagined itself as a tourist destination, with a waterpark, an artificial beach, and a golf course. According to one estimate, Americans actually have about four to six hours of leisure time every day. AdvertisementSee the full listMore of this week's top reads:The Insider Today team: Joi-Marie McKenzie, editor-in-chief, in New York.
Persons: , you'll, Let's, Greta Gerwig's, Barbie, Jenny Chang, Rodriguez, Marielle, Marielle Descalsota, Daniel Chaney, Alexa Campbell, Henry Ammann, Alyssa Powell, Beyoncé, Carter, Buckle, Tanner Adell, who's, Javier Zayas, there's, Tyler Le, Ewan McGregor's, Lisa Frankenstein, Zelda Williams, Robin Williams, Joi, Marie McKenzie, Jordan Parker Erb, Dan DeFrancesco, Lisa Ryan Organizations: Service, Business, Canberra Airport, Getty, Art Basel, BI, Visa, Mastercard —, Mastercard Forest City, Paramount, Netflix Locations: Hong Kong, Australia, Johor, Malaysia's Forest, Forest City, Texas, Moscow, New York
South By Southwest attendees got to speak with a Marilyn Monroe AI chatbot. But critics say celebrities who can't consent should not be used in AI recreations. Meta CEO Mark Zuckerberg said previously that he thinks AI celebrities will become popular. AdvertisementLast year, Robin Williams's daughter, Zelda, said that she found AI recreations of her father's voice to be "personally disturbing." AdvertisementSoul Machines partnered with Authentic Brands Group — which acquired the rights to Marilyn Monroe's intellectual property in 2018 — to create the AI Marilyn, according to Deadline.
Persons: Marilyn Monroe, , Kim Kardashian, Mark Zuckerberg, Meta, Tom Brady, Kendall Jenner, Naomi Osaka, Chris Paul, Charli D'Amelio, Israel Adesanya, Roy Choi, Dwayne Wade, Zuckerberg, Marilyn, Marilyn chatbot, Maureen Lee Lenker, Robin Williams's, Zelda, Williams, Marva Bailer, Bailer, Marilyn Monroe's, Elvis Presley, Muhammad Ali, Shaquille O'Neal, David Beckham Organizations: Southwest, Service, Kanye West, SXSW, Federal Trade Commission, Machine, Machines, Fox News, Authentic, Brands, Fox Locations: United States
Kiro was no stranger to selling stuff online: he had made a few hundred bucks selling things like sneakers and Barbie dolls on eBay. But when he researched his "Zelda" game, he figured he'd be able to make a bit more than that. "I looked at price history and thought 'Oh, maybe at most I'll get like $17,000 or $20,000 if I'm lucky,'" he says. He put up the listing one night this past October and set the Buy It Now price at $17,000. Within minutes, his game had sold.
Persons: Zelda, Kiro, Barbie Organizations: CNBC, eBay Locations: California
A statue of Nintendo's video game character Mario stands on display at the Nintendo Game Front showroom in Tokyo, Japan. Bloomberg reported on Saturday that Nintendo had told game publishers that the Switch 2 would be delayed until the early months of 2025, citing people with knowledge of the matter. Shares of Nintendo fell on Monday after a report suggested the launch of the Switch 2, the next version of its flagship gaming console, would be delayed. Nintendo was targeting a release of the console toward the end of this year, but told game makers it could slip into next year, the report said. Analysts who spoke to CNBC earlier this year also said they expected a new Switch console to be launched in the second half of this year.
Persons: Mario Organizations: Nintendo, Bloomberg, CNBC, Analysts, Mario Bros Locations: Tokyo, Japan
“ Lisa Frankenstein ” didn’t come to life at the North American box office in its first weekend in theaters. Universal Pictures oversaw the North American release for the streamer, where it is playing in 3,605 locations. Focus Features released “Lisa Frankenstein” in 3,144 locations. A 1980s-set teenage riff on Mary Shelly’s classic tale, “Lisa Frankenstein” was the directorial debut of Robin Williams’ daughter Zelda Williams. “Lisa Frankenstein,” $3.8 million.
Persons: “ Lisa Frankenstein ”, Diablo Cody, Kathryn Newton, Cole Sprouse, ” Matthew Vaugn’s “ Argylle ”, it's, Lisa Frankenstein ”, Mary Shelly’s, Robin Williams ’, Zelda Williams, AP’s Mark Kennedy, Cody, Karyn Kusama, , “ Wonka, Liam Neeson, Paul Dergarabedian, there’s, Dergarabedian, Bob Marley, ” Dergarabedian, Comscore, , “ Lisa Frankenstein Organizations: American, Universal Pictures, Rotten, Super
The new “Lisa Frankenstein,” by Zelda Williams in her directorial debut, hits some of the same notes. Kathryn Newton stars as Lisa Swallows and Cole Sprouse as The Creature in LISA FRANKENSTEIN, a Focus Features release. This is where “Poor Things” and “Lisa Frankenstein” diverge. Bella Baxter in “Poor Things” starts out as a clumsy innocent, but she becomes more knowledgeable and self-confident over time. “Lisa Frankenstein” shows why that’s a loss for all of us — and Lisa is ready to cut up the patriarchy to prove it.
Persons: Noah Berlatsky, CNN —, Mary Shelley’s, Frankenstein, , Victor Frankenstein, , Shelley, Noah Berlatsky Noah Berlatsky, we’ve, “ Lisa Frankenstein, Yorgos Lanthimos, Lisa Frankenstein, Zelda Williams, Diablo Cody, , Lisa, Kathryn Newton, She’s, Carla Gugino, Liza Soberano, Cole Sprouse, Lisa Swallows, LISA FRANKENSTEIN, Michele K, “ Lisa Frankenstein ”, Bella Baxter, she’s, Bella, Williams, Mary Shelley, Lord Byron, Celine Song’s “, Emma Stone, Atsushi Nishijima, Greta Gerwig’s, Barbie, “ Barbie, It’s, Cody, he’s, wouldn’t, Lisa Frankenstein ”, Barbie ”, “ Oppenheimer, Lily, Mary Organizations: CNN, REO, Searchlight Pictures Locations: Chicago, Hollywood, Taffy’s, , Ireland
Gibson, a senior research analyst at financial services firm MST Marquee, has set a price target of 11,000 Japanese yen ($74) for Nintendo's stock. This represents a 31% upside over the current price. He told the investment bank's clients that Nintendo could delay the Switch 2 launch if the momentum for the current console remains strong. The analyst has rated Nintendo a buy but set a conservative price target of 8,400 yen. However, if the new console fails to gain traction with consumers, Gibson cautioned that Nintendo's stock is likely to miss his price target.
Persons: David Gibson, Gibson, Mario, That's, isn't, Jefferies, Atul Goyal, Goyal, Junko Yamamura, — CNBC's Arjun Kharpal Organizations: Nintendo, Super Nintendo, Universal Parks & Resorts, Mario Bros, CNBC, Citi Locations: United States, Germany, Florida
The Japanese gaming giant previously forecast sales of 15 million Switch consoles in the current fiscal year which ends in March. Here's how Nintendo did in its fiscal third quarter, from October to December, versus LSEG estimates: Net sales: 598.6 billion Japanese yen ($4 billion) versus 568.7 billion yen expectedNet profit: 136.7 billion Japanese yen versus 130.3 billion yen expected Net sales fell 6% year-on-year while net profit rose 18%. Switch boostThe December quarter underscores how Nintendo has managed to extend the life of its near seven-year old Switch console. Nintendo said the "Super Mario Bros. Wonder" game, which was released in October, had a "solid start," with sales of 11.96 million units. Nintendo Switch successor in focus
Persons: Mario, Zelda, Charly Triballeau, upping, Donkey Kong, Princess Peach Organizations: Nintendo, AFP, Getty, Mario Bros
TOKYO (AP) — Nintendo reported healthy sales and profits on the back of the hit “Super Mario Bros. Wonder” game, prompting the Japanese video game maker to raise its full fiscal year forecasts. Kyoto-based Nintendo Co. said Tuesday that demand for what it called the first completely new Super Mario game in the series remained strong. More than 10.7 million units of the latest Super Mario game have been sold around the world since it went on sale in October, according to Nintendo. Nintendo, which did not break down quarterly numbers, expects a full year profit of 440 billion yen ($3 billion), up from an earlier projection for a 420 billion yen ($2.8 billion) profit. The Super Nintendo World park is set to open next year in Florida.
Persons: Mario, , “ Mario, Kong, Peach, ___ Yuri Kageyama Organizations: TOKYO, — Nintendo, Nintendo Co, Nintendo, U.S, Universal Studios Locations: Kyoto, Japan, Florida
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNintendo raises Switch sales forecast to 15.5 million unitsNintendo raised its forecast for sales of its flagship Switch console from 15 million units to 15.5 million units for its fiscal year ending in March. Interest in the Switch remains high thanks to the “Super Mario Bros. Movie” and the flagship Zelda game last year, CNBC's Arjun Kharpal reports.
Persons: Mario, CNBC's Arjun Kharpal Organizations: Nintendo, Mario Bros
LOS ANGELES (AP) — The first of two back-to-back atmospheric rivers drenched Northern California on Thursday, flooding roads while triggering statewide storm preparations and calls for people to get ready for powerful downpours, heavy snow and damaging winds. Forecasters also said the Central Coast could see waves up to 18 feet (5.4 meters) high on Thursday and Friday. The storm came a week after heavy rain caused flooding that inundated homes and overturned cars in the county. Last winter, California was battered by numerous drought-busting atmospheric rivers that unleashed extensive flooding, big waves that hammered shoreline communities and extraordinary snowfall that crushed buildings. ___Associated Press journalists Nic Coury in Capitola, California, and Scott Sonner in Reno, Nevada, contributed to this report.
Persons: Brian Ferguson, Cal OES, ” Ferguson, Joshua Whitby, “ There’s, ” Whitby, Daniel Swain, Swain, Snow, Nic Coury, Scott Sonner Organizations: ANGELES, San, San Francisco Bay Area, National Weather Service, Bay, Service, California Governor’s, Emergency Services, University of California, Yosemite National, Associated Locations: Northern California, San Francisco Bay, Coast, Central, Pacifica, San Mateo County, Humboldt County, Eureka, San Diego County, Hawaii, California, Oregon, San Diego, Capitola, Monterey Bay, Los Angeles, Sierra Nevada, Sierra, Lake Tahoe, Yosemite, Reno , Nevada, Capitola , California
To them, nostalgia might even cause people to be discontent with the present and pessimistic about the future. Studies indicate that feeling lonely increases nostalgia and that nostalgia, in turn, increases feelings of social connectedness. Americans 45 and older were more likely than those under 45 to view nostalgic memories as reminders of what's important and as sources of inspiration and guidance. That isn't surprising; older adults have more life experiences to draw from. Every one of them has stories of nostalgic inspiration — life experiences that sparked their passion.
Persons: Mario, Zelda, , Gen Zers, There's, We've, it's, we've, I've Organizations: Mario Bros, Pew
Splatoon 3 proved to be a hit in Japan, helping keep momentum for Nintendo's ageing Switch console. Nintendo has sold 132.46 million units of the Switch, making it the company's second-most successful console after the handheld Nintendo DS. If the Switch remained popular in the holiday quarter then Nintendo could push a new console out to the Fall of this year, Goyal said. If Switch sales dropped in the December quarter, the new device could come as early as Spring or Summer, he added. Kantan Games' Toto said he expects the successor to be a "new device and not just an upgrade."
Persons: Philip Fong, Mario, Zelda, Serkan Toto, Piers Harding, Atul Goyal, Goyal, I'm, Nintendo's, Harding, Rolls, Toto, Moffett Nathanson, Will Organizations: Nintendo, AFP, Getty, CNBC, Kantan Games, Ampere, Jefferies, Mario Bros, Moffett Locations: Japan, Tokyo
Confessions of a startup founder's wife
  + stars: | 2023-11-15 | by ( Melia Russell | ) www.businessinsider.com   time to read: +20 min
I wished I had told Kyle that I would understand if he wanted to quit. That's as apt a description of Kyle's startup as it is of our relationship. I'm not sure Kyle has found as many perks to being a startup founder married to a startup reporter. Now Kyle's startup has pivoted a third time. The truth is, I don't know if Kyle's startup will make it.
Persons: Kyle, Kyle shrugged, pang, I'd, hadn't, Scott Belsky, It's, messier, I've, he'd, Jillian, Chris Dixon, Andreessen Horowitz, Jeff Bezos, MacKenzie Scott, Schulze, TikTok, Josh Cochran, Marc Andreessen, I'm, He'd, Eric Paley, Steve Jobs, , Playbyte, he's, Rohan Seth, Paul Davison, Steve Huffman, hasn't, Instagram, it's, Zelda, That's, cradling, Melia Russell Organizations: Apple Watch, Steam, Francisco's Mission, University of California, TechCrunch, White House, YouTube, Labor Locations: Champagne, Francisco's, Berkeley, San Francisco, New York, America, Playbyte, Kyle, Boston, Bay, sobs
Profit for the quarter was 263 billion yen ($1.74 billion). That compared with a 306 billion yen estimate from 10 analysts polled by LSEG. The conglomerate sold 4.9 million PS5 units in the second quarter, bringing sales this financial year to 8.2 million units. Sony hiked its full-year sales forecast for the games unit by almost 5% to 190 billion yen. The company maintained its full-year operating profit at 1.17 trillion yen but raised its sales and net income forecast by 2% each.
Persons: Mike Blake, Hiroki Totoki, Jim Ryan, Jefferies, Atul Goyal, Sam Nussey, Muralikumar Anantharaman, Kim Coghill Organizations: Sony, REUTERS, LSEG, Industry, Bungie, Nintendo, Microsoft, Thomson Locations: Rancho Bernardo, California, TOKYO
A ‘Zelda’ Movie Could Mint Money for Nintendo
  + stars: | 2023-11-08 | by ( Jacky Wong | ) www.wsj.com   time to read: 1 min
Nintendo sold nearly 20 million copies of ‘The Legend of Zelda: Tears of the Kingdom’ after its May launch through September. Photo: ed jones/Agence France-Presse/Getty ImagesNintendo ’s Super Mario brothers smashed, jumped and climbed their way into box office fame. Now the Italian-American plumbers’ colleague Link is looking to make his mark too. For investors, that is great news: It shows Nintendo is taking its cue from the likes of Sony , which has managed a string of successful game-screen crossovers like “The Last of Us.”
Persons: Zelda, Mario, Link, Organizations: Nintendo, Agence France, Getty, Sony
Signage for the Nintendo Switch is seen at a GameStop in Manhattan, New York, U.S., December 7, 2021. The Japanese firm said it sold 4.3 million copies of "Super Mario Bros. Wonder" - the first entirely new instalment in the almost 40-year-old side-scrolling series in a decade - within two weeks of its Oct. 20 launch. That is the best performance of any "Super Mario" title, Nintendo said, as it takes advantage of the Switch install base of more than 130 million units and interest generated by a barnstorming animated movie featuring the moustachioed plumber. The comments come a day after Nintendo reported it sold 6.84 million Switch units in the first six months of the financial year that started in April, a slight increase on the same period a year earlier. Nintendo also announced on Wednesday "Super Mario" creator Shigeru Miyamoto is developing a live action adaptation of the "Zelda" franchise.
Persons: Andrew Kelly, Mario, Shuntaro Furukawa, Zelda, Shigeru Miyamoto, Kong, Jefferies, Atul Goyal, Sam Nussey, Christopher Cushing Organizations: Nintendo, GameStop, REUTERS, Rights, Thomson Locations: Manhattan , New York, U.S, Kyoto
Shigeru Miyamoto, creator of Zelda, and Avi Arad, chairman of Arad Productions Inc., who has been a producer on a number of hit Marvel movies, will produce the Zelda film. Nintendo said Wednesday it plans to develop a live-action film of The Legend of Zelda, one of its most popular characters, as the gaming giant looks to replicate the success it had with the Mario movie. Investors had feared that sales of the more than six-year old Nintendo Switch console had peaked. Nintendo will be hoping for similar success with the Zelda movie. Nintendo will co-finance the Zelda film with Sony Pictures.
Persons: Mario, Shigeru Miyamoto, Zelda, Avi Arad, Wes Ball Organizations: Nintendo, Mario Bros, Universal Studios, Arad Productions Inc, Investors, Sony Pictures, Comcast, CNBC Locations: Japan, NBCUniversal
Nintendo hikes profit forecast as Switch battles on
  + stars: | 2023-11-07 | by ( Sam Nussey | ) www.reuters.com   time to read: +2 min
An attendee uses a Nintendo Switch game console while playing a video game at the Paris Games Week (PGW), a trade fair for video games in Paris, France, November 5, 2023. Nintendo sold 6.84 million Switch units in the first six months of the financial year, a slight increase on the 6.68 million units it sold in the same period last year. Reuters GraphicsNintendo's broad pop culture appeal has also been underscored by the success of a Super Mario Bros. movie. Nintendo maintained its full-year forecast for the console of 15 million units, which would be a 16.5% decline on a year earlier. Nintendo's line-up for the critical year-end shopping season will likely also be bolstered by some new additions including "Super Mario RPG", which launches on Nov. 17.
Persons: Claudia Greco, Zelda, Mario, Shuntaro Furukawa, Sam Nussey, David Dolan, Christopher Cushing Organizations: Nintendo, Paris Games, REUTERS, Reuters, Mario Bros, Thomson Locations: Paris, France, TOKYO, Kyoto
The logo of the Nintendo is displayed at Nintendo Tokyo, the first-ever Nintendo official store in Japan, at at SHIBUYA PARCO department store and shopping mall complex, during a press preview in Tokyo, Japan November 19, 2019. REUTERS/Issei Kato Acquire Licensing RightsTOKYO, Nov 8 (Reuters) - Nintendo (7974.T) said on Wednesday it will develop a live-action film of long running franchise "The Legend of Zelda" in the Kyoto-based firm's latest push beyond its core gaming business. The two men have been working on an adaptation of the "Zelda" franchise for many years but the movie will take time, according to posts on social media by Nintendo. Nintendo said on Tuesday it had sold 19.5 million units of the latest "Zelda" game at September-end as the series continues to deliver hits almost 40 years after its first installment. The "Zelda" movie development comes at a time of renewed appetite for adaptations of Japanese franchises globally, with examples including Netflix's recently launched adaptation of long running pirate manga series "One Piece".
Persons: Issei Kato, Zelda, Mario, Shigeru Miyamoto, Avi Arad, Wes Ball, Sam Nussey, Sandra Maler Organizations: Nintendo, Nintendo Tokyo, REUTERS, Rights, Sony, Thomson Locations: Japan, SHIBUYA PARCO, Tokyo, Kyoto
April-September profit at Nintendo Co., which didn’t break down quarterly results, totaled nearly 271.3 billion yen ($1.8 billion), up from 230 billion yen a year earlier. Sales surged 21% to 796 billion yen ($5.3 billion). Ahead of the holidays, Nintendo is planning to release the “Super Mario RPG” game software and Pokemon games. Nintendo, based in Kyoto, started selling “Super Mario Bros. Wonder” last month, as the first totally new Super Mario series game played in side-scrolling mode in more than a decade. Nintendo raised its full fiscal year profit forecast to 420 billion yen ($2.8 billion) from the 340 billion yen ($2.3 billion) estimate it gave in May.
Persons: Mario, “ Mario, Zelda, , it’s, ___ Yuri Kageyama Organizations: TOKYO, — Nintendo, Nintendo Co, Nintendo, Mario Bros, “ Mario Kart, U.S Locations: , Kyoto
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