The iPhone & iPad Are Killing Nintendo As Famous Game Maker Posts First Ever Annual Loss

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NINTENDO-3DS

Is it time to retire game consoles? That’s the question buzzing around in the wake of Nintendo announcing its first yearly loss, forcing a downgrade of the 3DS future. The creator of Super Mario said it lost $575 million (45 billion yen), surprising experts forecasting a $52 million (4.2 billion yen) deficit. The unspoken push over the precipice: the iPad and iTunes App Store games.

AT&T: 80% Of All The Phones We Sell Are iPhones

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Photo by Steve Rhodes - http://flic.kr/p/21zyYN
Photo by Steve Rhodes - http://flic.kr/p/21zyYN

Despite losing its exclusive standing with Apple, AT&T announced selling 7.6 million iPhones, comprising 20 percent of Apple’s 37 million smartphone sales during the fourth quarter of 2011, which ended Dec. 31. Even more impressive: Apple’s handset accounts for 80 percent of all smartphones the carrier sells.

Can Apple Earnings Still Surprise Wall Street?

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surprised

What sort of numbers should Apple report later today for the first quarter of 2012? The third quarter surprised all analysts as Apple announced a rare under-performing quarter due to the late introduction of the iPhone 4S. Stung by that rebuke, professional analysts are offering conservative projections for the first quarter of 2012. This sets up a classic pros versus independents cliffhanger.