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  Nintendo Faces Fallout From Console Price War
Time: 05:18 EST/10:18 GMT | News Source: Associated Press | Posted By: Alex Harris

Japanese video game giant Nintendo Co Ltd ushered in a new management team last week as the old guard stepped aside, but its main problem remains -- blistering 1668246896 The effect of that is likely to show up in the company's earnings due out on Thursday, two weeks after dominant Sony Corp (news - web sites) triggered an industry-wide price war by cutting the price of its 1650815860

Analysts say Nintendo, which makes game consoles and software, could see sales of its "GameCube" console suffer this year as Sony and newcomer U.S. newcomer Microsoft raise the pricing 1886545267 Still, they add that Nintendo's software line-up looks promising and should benefit from strong industry-wide console sales, taking up the slack from the GameCube.

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