Nintendo Introduces "Miiverse" Social Network
June 4, 2012 11:00 AM
comment(s) - last by
Nintendo's new Miiverse social network likely aims to build excitement for the upcoming console Wii U
Nintendo has announced the upcoming launch of its own social network called Miiverse ahead of the Japanese company's Electronic Entertainment Expo (E3) presentation in Los Angeles this week.
The Miiverse network is Nintendo's own social network that allows users to interact with their friends and other players. Users can see what others are playing, share game content, use the Wii camera for video conferencing, and use the controller to update picture/text messages on the network.
The move is likely in response to
Nintendo posting its first annual loss this year
. For the fiscal year ended March 31, 2012, Nintendo reported a net loss of 43.2 billion yen ($532.5 million USD). This is huge, considering the game maker generated a profit of 77.6 billion yen ($958.9 million USD) one year earlier. Nintendo also took a 36.2 percent hit to its revenue and had an operating loss of 37.3 billion yen ($460.9 million USD).
Nintendo's loss was blamed mostly on poor Wii sales and a slow start with the 3DS portable system that the company released last year. In fact, Nintendo was forced to
slash the price of the 3DS
from $249.99 to $169.99 only months after its release.
Nintendo is expected to release its Wii successor
this year, which will feature a controller with a 6.2-inch screen, an accelerometer, gyroscope, rumble support, microphone, speakers, stylus, sensor strip, and a front-facing camera. It is designed for multi-player gaming, but does allow single-player gaming. The console itself features an IBM Power-based multi-core processor and measures 10.5" in length, 6.8" in width, and 1.8" in height.
Nintendo's new Miiverse social network likely aims to build excitement for the upcoming console, but some are skeptical about how successful Miiverse will be. While Nintendo says that the social network will eventually be capable of access through the 3DS, smartphones and PCs, its lack of connection with Facebook or Twitter will leave it behind in the social networking race.
The announcement of Miiverse didn't exactly impress investors either. Nintendo shares only increased 0.2 percent on the Tokyo Stock Exchange today when the announcement was made.
Nintendo CEO Satoru Iwata released a video where he formally introduced the Miiverse social network. Check out the video below:
This article is over a month old, voting and posting comments is disabled
RE: I know this isn't a Wii U article
6/4/2012 5:05:03 PM
Developers already saying Wii U is overly complicated to develop for. I would bet part of that reason is the controller.
RE: I know this isn't a Wii U article
6/5/2012 10:15:22 AM
overly complicated, LAST e3 gearbox said it took a programmer
5 minutes and 2 lines of code to get the aliens game running with the tablet.
the wiiu tablet is a TRADITIONAL controller,,with a touchscreen in the middle.
the wiiu uses all the NORMAL programmable graphics effects- no TEV's anymore.
sure it will have a few quirks, but what console does not?
devs have said it is extremely easy to port a ps360 game to the wiiu.. what is "complicated" for the devs is apparently, putting stuff on the gamepad screen-which they DO NOT HAVE TO UTILIZE.
basically they are too lazy to even try
"We can't expect users to use common sense. That would eliminate the need for all sorts of legislation, committees, oversight and lawyers." -- Christopher Jennings
Nintendo Revenue Plummets, Posts Annual Loss for the First Time
April 26, 2012, 10:37 AM
Nintendo Announces Poor Q1 Earnings, Offers 3DS Price Cut After Weak Sales
July 28, 2011, 10:05 AM
Nintendo Unveils Wii U, Will Launch in 2012
June 7, 2011, 2:55 PM
Sony to Unleash Social SHAREfactory Feature in PS4 Update 1.70
April 17, 2014, 12:43 PM
With XP End of Life, Microsoft Asks Holdouts: How Badly Do You Want XP?
April 8, 2014, 8:00 PM
Windows 8.1 Update 1 is Now Available
April 8, 2014, 1:45 PM
NVIDIA Shield Gets April 2014 Update
April 7, 2014, 6:58 PM
Meet Microsoft's Metrofied Desktop Mode Start Menu
April 3, 2014, 7:23 PM
Microsoft Demos Cortana Digital Assistant at Build 2014
April 2, 2014, 1:35 PM
Most Popular Articles
Cities to Carpoolers: Sharing Your Car is Illegal, We Will Seize Your Cars
April 4, 2014, 9:17 PM
A-10 Warthog May Live to Fight Another Day with Support from Lawmakers
April 14, 2014, 9:41 AM
EFF: NSA May Have Used IRC Botnets to Exploit Heartbleed for Last Two Years
April 14, 2014, 4:43 PM
Quick Note: Toyota Attempts to Erase “Boring” Image with ’15 Camry SE Hybrid
April 16, 2014, 11:36 AM
A Bug's Life: Female Cave Bugs Have Penises, Penetrate Males for Three Days
April 17, 2014, 7:20 PM
Latest Blog Posts
Facebook Aims to Provide Internet to "Every Person in the World" with Drones, Satellites
Apr 1, 2014, 10:20 AM
Retail Mobile Sites Experience Outages in Light of Simplexity's Bankruptcy
Mar 14, 2014, 8:48 AM
Tesla vs. BMW: Who Has the Safer EV?
Feb 1, 2014, 2:56 PM
Justice Leaks Details of Next HTC One Two Flagship Phone
Dec 5, 2013, 4:04 PM
Global Cyber Espionage Concerns Reveal Growing Cyber Armies
Nov 29, 2013, 11:04 AM
More Blog Posts
Copyright 2014 DailyTech LLC. -
Terms, Conditions & Privacy Information