Japanese gaming giant Nintendo revealed on Thursday that it lost $925 million over the six months ending in September due to a sharp drop off of game and console sales, even as healthy sales of Apple's iPhone and iPad continue to establish iOS as an alternative gaming platform.
During a keynote at the Electronic Entertainment Expo in Los Angeles, Sony confirmed its next-generation gaming device, formally named the PlayStation Vita, will cost $250 when it arrives in the U.S. later this year.
Sales figures for 2010 show that Apple's iTunes Movie Store remained on top with 64.5 percent market share among competing Internet video services in the US. Also, more than $10 million worth of counterfeit iPhones, iPods and other items have been seized by the Los Angeles Port Police. Finally, officials say the physical permit allowing Apple CEO Steve Jobs to raze the controversial Jackling mansion will be issued soon.
Sony will challenge Apple's iOS later this year with the just-announced next-generation PlayStation Portable, codenamed NGP, and a PlayStation Suite game store that will also be available on Google's Android mobile operating system.
Sony executive Kazuo Hirai hinted Wednesday that the next generation of its PlayStation Portable handheld gaming device will learn from the popularity of Apple's iPhone and iPod touch devices, implementing new touch-based controls and broadening its appeal to casual gamers.