The gaming company has flatly denied that it will begin developing software for mobile operating systems saying its "strategy to develop software only for its own hardware hasn’t changed and won’t change."
Pokemon Co., which is 32 percent owned by Nintendo, noted that it will debut a "Pokemon Tap" game this summer for the popular smartphone/tablet devices.
At one point, Nintendo's shares raised 5 percent on optimism that they may create games for iOS and Android. Says analyst Mitsuo Shimizu of Cosmo Securities:
The share movement showed how much investors are hoping for Nintendo to change its strategy. Nintendo should consider developing games for smartphones or players that can also act as mobile phones, as it suits the lifestyles of many people.
Nintendo owns the rights to incredibly popular franchises like Donkey Kong, Mario and Zelda.
Written by: Andre Yoskowitz @ 6 Jul 2011 20:01
