Nintendo unveils new Wii model

By Peter Pham:Contrary to numerous complaints regarding Wii-U in the social media, Nintendo Corp, which has significant representation in SPDR S&P International Technology Sector ETF (IPK), has revealed that it sold more than 400,000 consoles in the first week of its release in the U.S. as thanksgiving shoppers lined up to purchase the latest hardware from the Super Mario developer.

By Malathi Nayak and Bill Rigby SAN FRANCIS

TOKYO, Feb 1 (Reuters) - Sony Corp will this month host its first major Playstation meeting in two years, sparking a flare-up in online speculation the Japanese consumer electronics giant is preparing to unveil the successor to its 70 million-selling PS3 games console.

Boeing revenue in Q4 shows betters than expected results. Nintendo’s Wii U with fewer sales than forecasted. Apple and Samsung back in court, both companies with a new list of objections. Chrysler with 2.4 million sold vehicles in 2012 and $1.7 billion profit.   

Nintendo has been making fun into a business for decades and its newest console, the Wii U, is total unabashed fun. I've spent about a week with it, burning up time and extra lives to see what it's all about.

By Stocks & Shares:Social media and mobile device gaming is in the limelight. Zynga (ZNGA) and Facebook (FB) trade at very high valuations while traditional console gaming stocks are trading at much lower price multiples. Regardless of the phenomenon of a new social/mobile gaming world, traditional console gaming is alive and well.

By Chris Katje: (click to enlarge) The holiday season of 2012 could be one of the biggest and most important in Nintendo's history. Nintendo (NTDOY) trades in the United States on the OTC Markets. Shares are down 12% for the calendar year of 2012 and down over 75% from highs seen around the launch of the Nintendo Wii. Will a new version called the WiiU bring Nintendo shares back to new highs entering the holiday season of 2012?

Nintendo unveils a new device to monitor the pulse of Wii users; Sony aims to raise gamers' blood pressure with exclusive titles. Reflecting their disparate positions in the video game industry, Sony on Tuesday tried to get gamers amped up while Nintendo told them to chill out.