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  • Music sales in the United States will decline to $9.2 billion in 2013, from $10.1 billion this year. source ›
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AUG 4

Keeping Up Nintendo's Momentum

As Wii Products Leave Pipeline, Iwata Looks to Services, New Gamers for Growth

Wall Street Journal, August 4, 2008 — After overseeing several years of rapid growth at Nintendo Co., President Satoru Iwata faces new challenges: how to keep players of the company's videogames interested, and how to cultivate a new wave of customers.

Under the 48-year-old Mr. Iwata, Nintendo has already redefined videogames and widened their appeal beyond the typical young male player who favors fast, action-packed games. Its DS portable game device, launched in November 2004, has attracted young women and an older audience with a touch-sensitive screen players can write on and simpler games, such as the brain-training quiz game Brain Age and the virtual-pet game Nintendogs. The Wii videogame console, released two years later, allows users to wield a controller as they would a tennis racket or sword. Using body movements to play games has enthralled customers and turned the console, which sells for about $250, into a global phenomenon.

Category: Innovation

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