Nintendo Sued Nintendo Co. Ltd. (NTDOY.PK) has been sued by Gamevice, a U.S. mobile gaming accessory maker, for alleged patent infringement.

Nintendo Sued By Gamevice Alleging Patent Infringement

Nintendo Sued By Gamevice Alleging Patent Infringement

Nintendo Sued Nintendo Co. Ltd. has been sued by Gamevice, a U.S. mobile gaming accessory maker, for alleged patent infringement.

Nintendo Sued Nintendo Co. Ltd. (NTDOY.PK) has been sued by Gamevice, a U.S. mobile gaming accessory maker, for alleged patent infringement.

California-based Gamevice makes add-on video game controllers for tablets and smartphones. The company has filed the lawsuit in the US District Court for the Central District of California.

In its lawsuit, Gamevice alleges that the Nintendo Switch infringes on a patent filed by the company in 2012 that served as the core to the Wikipad gaming tablet and to Gamevice’s detachable snap-on controllers for mobile phones as well as tablets.



Nintendo Sued

The Switch uses two controllers called Joy-Cons. Gamevice says that Nintendo infringes U.S. patent number 9,126,119 called “Combination computing device and game controller with flexible bridge section”.

Nintendo has sold 4.7 million units of the Switch after it was launched in March this year. The USP of the device, which succeeds Wii U, is that it can switch from being a handheld gaming device to a video game console that can be plugged with a TV.

“Nintendo’s infringement has caused, and is continuing to cause, damage and irreparable injury to Gamevice, and Gamevice will continue to suffer damage and irreparable injury unless and until that infringement is enjoined by this Court,” Gamevice said.

Gamevice asked the court to award it damages and also order Nintendo to stop making as well as selling the Switch.

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Nintendo Stock  Customers of Nintendo Co., Ltd (OTCMKTS: NTDOY) have a love-hate relationship with the company, which tends to make the stock a little volatile. You can see NTDOY

Nintendo Stock to Gain with New Game Launch and Switch

Is NTDOY Stock Safe?

Nintendo Stock  Customers of Nintendo Co., Ltd (OTCMKTS: NTDOY) have a love-hate relationship with the company, which tends to make the stock a little volatile. You can see NTDOY

FOREX INVESTORS BUZZ Nintendo Stock  Customers of Nintendo Co., Ltd (OTCMKTS: NTDOY) have a love-hate relationship with the company, which tends to make the stock a little volatile. You can see NTDOY stock spike in one week, and tank in the next. For instance, the Nintendo stock price(USD) was trading at $44.25 two weeks ago—it’s now at $39.87. That’s nearly 10% of the firm’s market cap.

Gone. Vanished. Evaporated. In under one month.

Don’t get me wrong; I’m not saying that Nintendo stock is all downside risk. It isn’t.

Heck, the share price almost doubled in the last year, so clearly volatility isn’t stopping the stock from reaching new heights.



Nintendo Stock

 

When International Business Machines Corp. (NYSE:IBM) makes a sale, it’s usually to another corporation. The client looks at several options, maps out the next few years, THEN decides to buy IBM’s products.

In other words, corporations are rational and methodical. People are not.

Anyone with the faintest idea of psychology knows that people are fickle. They change their feelings at the drop of a hat. One day they love something, the next it’s trash. It doesn’t have the “cool” factor.

New Tailwinds for the Nintendo Stock Price

In March, the “Nintendo Switch” sold 2.74 million units. Consumers were loving it more than analysts were expecting, so NTDOY stock climbed approximately 45% in the three months that followed.

But then the Nintendo stock price hit a brick wall in late June. It tumbled almost 10%.

NTDOY stock chart

Chart courtesy of StockCharts.com

I guess the optimism ran dry. But now, the company is releasing Splatoon 2, a video game designed specifically for the Nintendo Switch. It’s an excellent move on their part.

Companies like Nintendo sell their consoles for next to nothing. The Nintendo Switch is barely breaking even at $299.00. They don’t do this from the goodness of their hearts, though.

They do it to sell video games. The margins on video games are ridiculously high, which is great for video game companies and bad for video game fans. Nonetheless, it is how the business works. The REAL money is made from video games, not consoles.

By releasing Splatoon 2, Nintendo is clearly trying to raise its bottom line. From an investor’s perspective, that’s extremely good news. Last year’s gains were founded on top line growth alone.

Can you imagine how much Nintendo stock will rise on both top line and bottom line growth?

To be sure, we’re making the assumption that people will like Nintendo’s games. But I think that’s a safe assumption. Do you remember the Pokémon GO craze last summer? When kids were running around in parks staring at their smartphones? And when you asked them what they were doing, they said they were hunting for Pokémon? That was a Nintendo game.

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Nintendo Stock Price  Nintendo Co., Ltd (ADR)(OTCMKTS:NTDOY) stock has been a pleasure to cover because its adheres to technical rules. Therefore,

My $45.00 Nintendo Stock Price Objective Is Fast Approaching

NTDOY Stock: Time to Act Accordingly

Nintendo Stock Price  Nintendo Co., Ltd <span data-recalc-dims=(ADR)(OTCMKTS:NTDOY) stock has been a pleasure to cover because its adheres to technical rules. Therefore," width="300" height="196" srcset="https://i0.wp.com/investorsbuz.com/wp-content/uploads/2017/06/Nintendo-Stock-300x196-Small.jpg?resize=300%2C196 300w, https://i0.wp.com/investorsbuz.com/wp-content/uploads/2017/06/Nintendo-Stock-300x196-Small.jpg?w=735 735w" sizes="(max-width: 300px) 100vw, 300px" />

BUZ INVESTORS  Nintendo Stock Price  Nintendo Co., Ltd (ADR)(OTCMKTS:NTDOY) stock has been a pleasure to cover because its adheres to technical rules. Therefore, the only surprise I have come across is how well-disciplined Nintendo stock is when an indication is generated on the NTDOY stock chart.

I am focusing on this investment once again because the target price of $45.00, which I first laid out in a February 15, 2017 publication, “Nintendo Stock Chart Is Favoring the Bulls,” is fast approaching. At the time of this publication, NTDOY stock was trading at $25.81. It currently sits at $44.18, which is only a stone’s throw away of meeting my objective.

The following Nintendo stock chart illustrates the technical tool I used to determine that $24.00 was a significant level of price support.

Nintendo Stock Price

Nintendo stock chart

 

The tool that is highlighted on the NTDOY stock chart above is the Fibonacci retracement numbers. This tool is used by traders and investors to gauge where levels of price support can be found. The theory behind these numbers is that once a primary move is completed, an investment will stage a counter-trend move that will retrace approximately 50%-62% of that primary move. This retracement, which is significant and painful to endure, is still within the context of a bull market.

The Fibonacci retracement numbers have become so popular among the investment community that it has dubbed this 50%-62% retracement as trading into “the box.” Traders will be watching this box in order to re-assume a bullish position or cover an existing short position, depending on the strategy they employ.

The price action that was being painted on the price chart while price support was being tested was suggesting that another advance was in the making. The following Nintendo stock chart illustrates this notion.

Nintendo price chart

 

The price action being painted on the NTDOY stock chart was a consolidation triangle. A consolidation pattern is one of two waves that is contained within constructive price action.

The first wave is an impulse wave, and it is highlighted in green. The function of this wave it to define a swift and substantial advance. The second wave is a consolidation wave, and it is highlighted in purple. The function of this wave is to create the necessary conditions so a new advancing impulse wave can develop. These two waves in an alternating wave structure generate the necessary building blocks so a sustained trend can develop.

Buz Investors Nintendo Stock Breaking Out Nintendo Co., Ltd (ADR) (OTCMKTS:NTDOY) has produced some of the most iconic games in history,

Nintendo Stock Breaking Out, Pointing to Higher Prices

NTDOY Stock: BREAKOUT!

Buz Investors Nintendo Stock Breaking Out Nintendo Co., Ltd <span data-recalc-dims=(ADR) (OTCMKTS:NTDOY) has produced some of the most iconic games in history," width="300" height="200" srcset="https://i1.wp.com/investorsbuz.com/wp-content/uploads/2017/03/Nintendo-Co-300x200-Small.jpg?resize=300%2C200 300w, https://i1.wp.com/investorsbuz.com/wp-content/uploads/2017/03/Nintendo-Co-300x200-Small.jpg?w=720 720w" sizes="(max-width: 300px) 100vw, 300px" />

Buz Investors Nintendo Stock Breaking Out Nintendo Co., Ltd (ADR) (OTCMKTS:NTDOY) has produced some of the most iconic games in history, and I had spent much of my youth indulging in Nintendo consoles and the wonderful video games they’ve had to offer. Even though this places Nintendo close to my heart, I can assure you that this affinity with my past has not swayed my judgments when it comes to NTDOY stock.

I am returning to Nintendo stock to follow up on a report that I published earlier this year titled “Nintendo Stock Chart Is Favoring the Bulls” In this report I outlined that there a number of indications that were supporting price, which also suggested that bullish outcome was a possibility. This possibility is now coming to fruition, and as a result, I believe that higher Nintendo stock prices are now on the horizon.



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Nintendo Stock Breaking Out

For anyone who is not familiar with my work, I use technical analysis to generate my views on a potential investment. This method of analysis is based on the notion that historical price and volume data can be used to discern trend and forecast future prices. As a result, the price chart is where I generate the indications that produce my investment views.

The popularity of this tool has caused traders to coin the phrase “trading into the box.” This phrase is in reference to the 50%–62% retracement of the primary advance. Traders use this level to apply appropriate trading strategies and the fact this this level coincides with the $24.00 level serves to reinforce the view that quite a significant amount of price support is present at $24.00

On March 17, 2017 Nintendo exited the consolidation pattern in an upward direction, and this event is highlighted on the chart above as a “breakout.” The “breakout” indicates that a new impulse wave is now set to develop and higher price can now be expected.

This wave structure not only defines the next direction price will take, but it can also be used to define a potential price objective. This price objective is based on the notion that impulse waves that separated by a consolidation wave tend to mirror each other. If I apply this logic to the structure that has developed above, it creates a potential price objective of $45.00. This price objective reinforces the notion that higher prices will prevail.

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Switch Cartridges Taste Bad

Nintendo Purposely Makes Switch Cartridges Taste Bad

Nintendo Purposely Makes Switch Cartridges Taste Bad

Switch Cartridges Taste Bad

 

Buz Investors Switch Cartridges Taste Bad While people may understandably be anxious to hold Nintendo’s new gaming console Switch in their hands, Nintendo has ensured that people, especially kids, do not end up having the Switch cartridges in their mouth.

Cartridges for the Nintendo Switch, which is being released today, are 34 mm by 23 mm. The USP of the Switch, which succeeds Wii U, is that it can switch from being a handheld gaming device to a video game console that can be plugged into a TV.



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Switch Cartridges Taste Bad

 

The SD card-sized cartridges are found to have a foul taste to prevent them from being accidentally swallowed.

Nintendo has confirmed that the cartridges have been coated with a “bittering agent” to discourage people from putting the cartridges into their mouths.

“To avoid the possibility of accidental ingestion, keep the game card away from young children. A bittering agent (Denatonium Benzoate) has also been applied to the game card. This bittering agent is non-toxic,” Nintendo said.

Denatonium Benzoate, one of the bitterest tasting substance known, is an aversive agent used in animal repellents, liquid soaps, shampoos, antifreeze, nail polish, and paints. However, it is not known to pose any long-term health risks

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Nintendo Co., Ltd: Could These Numbers Mean a Super Run for NTDOY Stock?

Could These Numbers Mean a Super Run for NTDOY Stock?

Nintendo Co., Ltd: Could These Numbers Mean a Super Run for NTDOY Stock?

  • Buz Investors Super Run for NTDOY Stock Nintendo Co., Ltd (ADR) (OTCMKTS:NTDOY) is in the news again as the company’s much loved game franchise was released on the “iOS” platform ofApple Inc. (NASDAQ:AAPL). The expectations are quite high and the comparisons with the record-shattering Pokémon Go are inevitable
  • And there is a set of numbers released in the media that is mind-boggling. Does this mean that NTDOY stock is bound to soar?
  • Super Mario Run was released globally for iOS users on Thursday. And, according to analytics company Mobile Action, it became the most downloaded app on the Apple “iPhone” in its very first hour of availability. During the same period, it was also No. 2 among U.S. games in terms of most revenue and No. 7 among all apps.

Super Run for NTDOY Stock

Buz Investors Super Run for NTDOY Stock Nintendo Co., Ltd <span data-recalc-dims=(ADR) (OTCMKTS:NTDOY) is in the news again as the company’s much loved game franchise was released on the “iOS” platform ofApple Inc. (NASDAQ:AAPL). The expectations are quite high and the comparisons with the record-shattering Pokémon " width="300" height="186" srcset="https://i0.wp.com/investorsbuz.com/wp-content/uploads/2016/12/Super-Mario-300x186.resized.jpg?resize=300%2C186 300w, https://i0.wp.com/investorsbuz.com/wp-content/uploads/2016/12/Super-Mario-300x186.resized.jpg?w=640 640w" sizes="(max-width: 300px) 100vw, 300px" />

Super Run for NTDOY Super Mario likely generated $1.0 million to $1.3 million in revenue globally, according to Mobile Action CEO Aykut Karaalioglu, who projects that it will make $60.0 million to $65.0 million in its first month. (Source: “Super Mario is already running to the top of the U.S. iPhone charts,” Recode, December 15, 2016.)

However, despite the initial success of that game, investors are still doubtful about NTDOY stock, which lost over three percent in the last trading session and closed at $29.35.

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Super Run for NTDOY

 

The success of this mobile game, ahead of holiday season, is important as the company gets ready to release its hybrid console—”Nintendo Switch”—next year. Eiji Maeda, analyst at SMBC Nikko Securities, told CNBC that the console business is more important than the smartphone business for the company. (Source: “‘Super Mario Run’ downloads soar but investors aren’t convinced,” CNBC, December 15, 2016.)

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Nintendo Stock: This Is Why NTDOY Stock Is Set to Soar

Nintendo Stock: This Is Why NTDOY Stock Is Set to Soar

Nintendo Stock: This Is Why NTDOY Stock Is Set to Soar

  • Buz Investors NTDOY Stock Is Set to Soar (OTCMKTS:NTDOY) stock has once again caught my eye. There is a pattern that is developing on the price chart and it is becoming quite constructive. If this pattern plays out, a significant move in the price could be on the horizon.
  • The driving force behind this move could be the holiday season, as malls are once again filled with eager shoppers buying the latest and greatest that the world has to offer.
  • Nintendo’s new platform isn’t due till after the new year, but they have made a splash with their “NES Classic Edition.” The console is a rehash of the 1985 game console, it includes 30 classic games, and it’s selling for $59.99. I want one, so perhaps it will be a hit.

NTDOY Stock Is Set to Soar

Nintendo Stock: This Is Why NTDOY Stock Is Set to Soar

NTDOY Stock Is Set to Soar  The last time I covered Nintendo stock, it made a splash this summer with “Pokémon Go.” The mania surrounding this app sent NTDOY stock soaring, but news quickly followed that Nintendo was not the sole owner of this viral app and the stock sold off as a result. In my previous report, I outlined that in order for NTDOY stock to remain bullish, it would need to hold a certain level of price support.

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NTDOY Stock Is Set to Soar

The first metric was in the form of a horizontal level of support. This level acted as a previous level of resistance in 2015 as Nintendo stock was rejected from moving beyond this level on multiple occasions. In July 2016, the mania surrounding Pokémon Go caused NTDOY stock to gap above this level and effectively break through this resistance level in dramatic fashion. When a strong level of resistance is finally broken, it is not uncommon for price to return to that level from above and confirm that this is now a new level of support.

NTDOY Stock: A Bullish Setup

Nintendo Stock: This Is Why NTDOY Stock Is Set to Soar

Ever since the price spike that developed after the Pokémon Go app was released, Nintendo stock has been developing a symmetrical triangle. A symmetrical triangle is a consolidation pattern that contains two converging trend lines. One trend line represents support and the other trend line represents resistance.

Price bounces from each respective trend line, and momentum is built each time the price is rejected by the trend line. The longer it takes for this pattern to complete, the more momentum is stored. That is why these patterns are particularly explosive.

Nintendo Stock: Nintendo’s Next Move Could Shatter Expectations

Nintendo Stock: Nintendo’s Next Move Could Shatter Expectations

Nintendo Stock: Nintendo’s Next Move Could Shatter Expectations

  • Buz Investors Nintendo’s Next Move  (ADR) (OTCMKTS:NTDOY) is enjoying a revival these days. The famous maker of video games received more attention than it could handle last summer, thanks to the popularity ofPokémon Go.
  • While only indirectly involved with that game, Nintendo stock is up about 77% year-to-date. And here’s the good news: as bullish as that might seem, the pertinent factors that could propel NTDOY stock higher are just beginning to appear.
  • Nintendo has faced some difficulties in the past. For a company specializing in gaming consoles, its last model, the “Wii U” was a failure. It didn’t appeal to gamers, which made game designers reluctant to create games for it.

Nintendo’s Next Move A New Strategy and the “Switch” Console are Just What Nintendo Stock Needed

Nintendo’s Next Move

Nintendo’s Next Move  The Pokémon effect, even if Nintendo had a minor role (being just one of many developers), proved a real boon for the company and for NTDOY stock. The game, which had children and grown adults walking in front of moving traffic and stumbling in water as they looked for the “Pikachu,” made Nintendo stronger. This added conviction about its plans for expanding its augmented reality (AR) lineup, new game consoles, and smartphone-ready games.

The Nintendo Switch will replace the unlucky Nintendo Wii U, which never managed to find the right audience, succumbing to the Sony Corp (ADR)(NYSE:SN) “PlayStation 4” in the contest for sales. The reason investors, whether or not they care about gaming, should get excited is that the Nintendo Switch has already gotten gamers excited. (Source: “Nintendo Switch: watch the first trailer for the new console,” The Verge, October 20, 2016.)

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Nintendo’s Next Move 

 

The Nintendo Switch is a “combo.” It has detachable controllers and a removable screen. This allows for the on-the-go use capability. Picture legions of commuters, around the world, playing games on a Nintendo Switch machine while sitting on a bus, a subway train, or in an airport lounge. Such an image comes naturally, because it’s precisely what Nintendo wants to achieve. That’s the concept that should end up delivering big sales numbers.

The lack of support from these same major game developers played a huge role in killing sales of the Wii U, dragging Nintendo stock down with it. This grand return to the gaming console world and the strategic shift starting in smartphone apps—after ignoring their potential—has revived the company and the prospects of NTDOY stock investors.

Nintendo Co., Ltd: Why Is NTDOY Stock Taking A Hit Today?

Nintendo Co., Ltd: Why Is NTDOY Stock Taking A Hit Today?

Nintendo Co., Ltd: Why Is NTDOY Stock Taking A Hit Today?

  • Buz Investors NTDOY Stock Taking A Hit (ADR) (OTCMKTS:NTDOY) stock is down about six percent after a video trailer for its new game console, “Nintendo Switch” (formerly called “Nintendo NX”),
  • failed to impress. The company’s TYO:7974 stock in Tokyo also lost about seven percent today. Nintendo Switch is the attempt by Nintendo to combine a console with handheld gaming.
  • Nintendo Switch was designed as the machine that would introduce a totally new way of experiencing hardware and software together. Amir Anvarzadeh, of BGC Partners, Inc (NASDAQ:BGCP),

NTDOY Stock Taking A Hit Will Nintendo Co., Ltd (ADR)’s Big Idea Help

Nintendo Co., Ltd: Why Is NTDOY Stock Taking A Hit Today?

NTDOY Stock Taking A Hit  NTDOY stock had grabbed headlines early this year, riding the tremendous popularity of thePokémon Go game. Although the success of the augmented reality (AR) game is not expected to boost the financials of the company much, it did great to strengthen the brand.

Now the company has unveiled its next video game platform: Nintendo Switch, which is a hybrid gaming console.  It consists of a tablet-like device and a dock. Together they make a gaming console for TV. But when the device is removed, it becomes a portable gaming system. It allows gamers to play at home or on the go.

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The success of Nintendo Switch is very important for the company, as it will determine its future course of action. The sales of its last console, the “Wii U,” which was lunched in 2012, were way below expectations. If the Nintendo Switch fails to click, it would mean that it would be better off for Nintendo to make games for mobile platforms instead of losing money on consoles. This could prove to be a winning formula for the company, as well as for Nintendo stock.