(Image Source: GameSpot Japan)

BY YUTAKA HAYASHI

ANCHOR LAUREN GORES


You're watching multisource tech video news analysis from Newsy. 

Nintendo is trying to drum up excitement around for its slumping handheld console. During its conference in Tokyo, the company announced more than 30 new games for release this winter. IBTimes has some highlights.

“Nintendo, in an effort to save its struggling 3DS, announced today they plan on releasing a slew of new games, including titles in the popular Mario franchise, adding a secondary analog pad to the handheld system, and introducing a new female friendly pink version to appeal to the ladies.”

While portable gaming devices are taking the back seat to smart phone apps, an analyst tells Bloomberg Mario in 3D gives Nintendo some room for optimism.

“Ultimately they will prevail, but the troubles of 3DS has been that those games haven’t yet been released for the console, and that’s the key driver of any platform -- it is the content -- and those games start to come out this holiday.”

But the Financial Post notes there’s still a market for portable gaming, especially in Japan.

“Many Japanese gamers (who live in smaller living spaces) prefer handhelds over the the full-sized home consoles such as the Playstation 3 or even the Wii.”

Investors were, however, not impressed.  And Nintendo’s stock dropped 5%.  A Wall Street Journal analyst explains why...

“There are some people that think the 3DS is really a failed product and that they probably shouldn’t keep putting money and development effort into it. That’s one view, I don’t know if that’s the majority view. There’s other that just say these titles aren’t really exciting people, they weren’t historically huge sellers for past systems. And so, there’s a sense of the company dipping into some old property that everybody knows and not coming up with anything new...”

Transcript by Newsy.