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R420
http://www.forbes.com/technology/newswire/2004/05/28/rtr1388082.html
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Nintendo talking about a 'Revolution' for gamers
Reuters, 05.28.04, 5:26 AM ET
TOKYO, May 28 (Reuters) - Nintendo Co Ltd <7974.OS> said on Friday it
has codenamed its next-generation home console "Revolution", cementing
a pledge to offer video game fans an entirely different gaming
experience from current machines.
The company said on Thursday it would like to debut a new game machine
at next year's E3, the game industry's annual trade show usually held
in May, but Nintendo officials said it would be wrong to call
Revolution a successor to its current GameCube console.
"This won't be a continuation, but rather something entirely
different," Nintendo Senior Managing Director Yoshiro Mori said at an
analyst's briefing. Nintendo President Satoru Iwata told Reuters
earlier this month that the next-generation game machine would change
how people now play video games, sitting in front of a television
holding a controller.
The Kyoto-based game maker said it plans to boost research and
development (R&D) costs 27 percent from a year ago to 20 billion yen
($180 million) in the business year ending March 31, in part to fund
development costs for Revolution.
Nintendo generated buzz at this year's E3 with a new dual-screened
handheld game called "DS", which will come with two, three-inch (7.6
cm) LCD screens, one of which is touch-sensitive and works with a
pen-like device.
The company forecast on Thursday that it plans shipments of 3.5
million "DS" machines this business year, but Nintendo's Mori said the
potential is much bigger.
"If it is well received by consumers, it's not out of the question to
see shipments rise to 10 or 15 million units in the next business
year," Mori said.
_______________________________________________________________________________
Nintendo has the advantage of letting its partners, notably ATI and
IBM, carry most of the R&D cost for development of Nintendo's chipset
for the next console. this was also probably true of Gamecube.
_______________________________________________________________________________
Nintendo talking about a 'Revolution' for gamers
Reuters, 05.28.04, 5:26 AM ET
TOKYO, May 28 (Reuters) - Nintendo Co Ltd <7974.OS> said on Friday it
has codenamed its next-generation home console "Revolution", cementing
a pledge to offer video game fans an entirely different gaming
experience from current machines.
The company said on Thursday it would like to debut a new game machine
at next year's E3, the game industry's annual trade show usually held
in May, but Nintendo officials said it would be wrong to call
Revolution a successor to its current GameCube console.
"This won't be a continuation, but rather something entirely
different," Nintendo Senior Managing Director Yoshiro Mori said at an
analyst's briefing. Nintendo President Satoru Iwata told Reuters
earlier this month that the next-generation game machine would change
how people now play video games, sitting in front of a television
holding a controller.
The Kyoto-based game maker said it plans to boost research and
development (R&D) costs 27 percent from a year ago to 20 billion yen
($180 million) in the business year ending March 31, in part to fund
development costs for Revolution.
Nintendo generated buzz at this year's E3 with a new dual-screened
handheld game called "DS", which will come with two, three-inch (7.6
cm) LCD screens, one of which is touch-sensitive and works with a
pen-like device.
The company forecast on Thursday that it plans shipments of 3.5
million "DS" machines this business year, but Nintendo's Mori said the
potential is much bigger.
"If it is well received by consumers, it's not out of the question to
see shipments rise to 10 or 15 million units in the next business
year," Mori said.
_______________________________________________________________________________
Nintendo has the advantage of letting its partners, notably ATI and
IBM, carry most of the R&D cost for development of Nintendo's chipset
for the next console. this was also probably true of Gamecube.