Post by Segaman on Feb 10, 2004 21:34:02 GMT -5
Nintendo Says Next GameCube to Be Ready in '05, '06
TOKYO (Reuters) - Japanese video game maker Nintendo (news - web sites) Co Ltd said on Tuesday it would launch a next-generation home console in 2005 or 2006 and denied a newspaper report that it would delay development of a successor to its GameCube console.
The Nihon Keizai business daily said Nintendo would delay the launch of a next-generation game machine, but the Kyoto-based company said development of the next version of the GameCube was proceeding as planned.
"Other companies aren't expected to come out with next-generation consoles until late 2005 or 2006," said Nintendo spokesman Yasuhiro Minagawa. "Our machine will be ready at the same time as the other new consoles."
On the news of a possible delay in development, Nintendo shares fell 2.67 percent to 9,850 yen in early afternoon trade against a 0.62 percent fall in the Nikkei average.
Analysts say that in developing a next-generation game machine, Nintendo will stick to its credo that video games should be fun, in part to differentiate its product from muscular consoles expected from rivals Sony Corp. and Microsoft Corp.
TOKYO (Reuters) - Japanese video game maker Nintendo (news - web sites) Co Ltd said on Tuesday it would launch a next-generation home console in 2005 or 2006 and denied a newspaper report that it would delay development of a successor to its GameCube console.
The Nihon Keizai business daily said Nintendo would delay the launch of a next-generation game machine, but the Kyoto-based company said development of the next version of the GameCube was proceeding as planned.
"Other companies aren't expected to come out with next-generation consoles until late 2005 or 2006," said Nintendo spokesman Yasuhiro Minagawa. "Our machine will be ready at the same time as the other new consoles."
On the news of a possible delay in development, Nintendo shares fell 2.67 percent to 9,850 yen in early afternoon trade against a 0.62 percent fall in the Nikkei average.
Analysts say that in developing a next-generation game machine, Nintendo will stick to its credo that video games should be fun, in part to differentiate its product from muscular consoles expected from rivals Sony Corp. and Microsoft Corp.
