What have you always wondered about the economy? Tell Us

Nintendo loses ground to smartphones

Adriene Hill Apr 26, 2012
Nintendo is having a rough go.  The company announced today its first lost in 30 years.  
According to The Guardian “Kyoto-based Nintendo, once the star of video games with franchises such as Pokemon and Super Mario, has seen its glory fade with the advent of smartphones that are wooing away casual gamers.”  Why shell out for a DS3 when you’ve got Angry Birds on your Android?  Or Fruit Ninja on your IPad?  And wait, is Zelda really a Princess?    

It doesn’t help that a lot of the game playing we do these days doesn’t happen in front of a TV.  From the NY Times: “In a report this month, Mr. Gibson of Macquarie pointed to a recent survey by MocoSpace, a Web site about mobile games. It asked 15,000 game players where they played; 53 percent said they played in bed, 41 percent in the living room, 72 percent commuting and 5 percent on the toilet.”  I’m not making this up.  

Marketplace is on a mission.

We believe Main Street matters as much as Wall Street, economic news is made relevant and real through human stories, and a touch of humor helps enliven topics you might typically find…well, dull.

Through the signature style that only Marketplace can deliver, we’re on a mission to raise the economic intelligence of the country—but we don’t do it alone. We count on listeners and readers like you to keep this public service free and accessible to all. Will you become a partner in our mission today?

Your donation is critical to the future of public service journalism. Support our work today – for as little as $5 – and help us keep making people smarter.