A federal jury on Wednesday found videogame giant Nintendo responsible for infringement of Seijiro Tomita's glasses-free 3D technology for 3D, and asked the game maker to pay Tomita $30.2 million in compensatory damages.

The patent suit was filed by Tomita in the year 2011. Nintendo's attorney Scott Lindvall argued that Nintendo's 3DS gaming device did not use the central features of the patent owned by Tomita.

But, the federal jury in New York found that that Nintendo in deed used features of the patent in its handheld 3DS gaming device.

Announcing the debut-week sales of the Nintendo Wii U game console in North America, Reggie Fils-Aime - Nintendo's American corporate president - said that the November
18-launched game system was "effectively sold out at retail" last week.

Noting that the demand for the Wii U is "quite strong," Fils-Aime - citing the retailers' internal Nintendo sales data - revealed that the launch-week sales of Nintendo's new game system in the US stood at over 400,000 units.

With Nintendo's new Wii U console set to hit the US markets this coming Sunday, GameStop has recently revealed that its software pre-orders for Wii U have surpassed a rather enviable `1.2 million units' figure.

According to GameStop, which will get in 500,000 Wii U units for launch, the number of software pre-orders received for the Wii U is nearly two-fold more than those which the company had received for the Wii software before it was released.

According to recent reports, Nintendo's Wii U handheld console - which has already been through two E3 gaming events - will probably be released in time for this year's holiday season. However, the exact launch date for the console has yet to be officially disclosed; and its pricing also still remains a mystery.

In an evident attempt to answer the widespread skepticism about its forthcoming Wii U game console - which is scheduled for release this holiday season -, Nintendo said on Tuesday that the console will feature high-powered games.

Drawing attention to new titles which will feature popular characters, Nintendo said that the games for the Wii U will largely be from some of the blockbuster franchisees, including "Super Mario Bros.," "Wii Fit" and "Pikmin."

In a streamed pre-E3 presentation on Sunday, Nintendo's President Satoru Iwata unveiled the Japanese game company's new social network - Miiverse - which has been designed for the players of its forthcoming Wii U video game console.

With Nintendo's main E3 conference scheduled to be held in Los Angeles on Tuesday, the company released a 30-minute video on its website on Sunday. The video showed Iwata standing in Nintendo's Kyoto headquarters below the company's motto. The motto is written in Japanese calligraphy, and its English translation means "creating something unique."

In an announcement just before Christmas, Enterbrain - which publishes the Japanese magazine Famitsu - revealed that the sales of the Nintendo 3DS in Japan had crossed the `4 million' mark; with 500,000 units of the device having been sold during the Christmas week alone!

The Nintendo 3DS witnessed a rather rough start, both in critical and financial terms, with the rather tepid customer response to the device - which was launched in Japan in February - resulting in a plunge in the stocks for the game company in July.

Nintendo’s recent brushing aside of the widespread rumors - initiated by a Wired. com report - that its iconic game designer Shigeru Miyamoto is mulling retirement from his current post, has come as a great relief for countless gamers around the world.

At the recent Reuters Global Media Summit, Nintendo's US president Reggie Fils-Aime said that following the company's strong Black Friday performance, it now intends ensuring that the momentum for its products can be sustained during the crucial holiday season period.

Noting that Nintendo requires to sell "a lot of Nintendo 3DS, Wii and software" in the coming one month or so, Fils-Aime revealed that the company's holiday season revenue accounts for 60 percent of its total revenue figures --- which happens to be 10 percentage points more than the industry norm.

According to reports, Nintendo’s company officials recently claimed that as retailing chain Tesco reduces the price to a complete half of its original pre-order price in wake of declining interest in the gadget, the company’s latest
3DS faced another cut.

However, many analysts claimed that this was the biggest Risky Game played by the Company official while the Company made a counter attack and asserted that in the past few months.

The Company officials found that the product sale was declining, so to again boost up the sale, hence they decided to modify the tender plans.

A new Time splitters game is in development and this news was confirmed by a “high ranking industry source”. Microsoft is said to announce the Xbox follow up at E3 next year. Microsoft’s DirectX 11 has been used as a standard for its graphical abilities by Crytek as per mole.

It is being said that Microsoft and Sony’s next-gen consoles won’t hit shelves before 2015. If the moles are to be believed then the Xbox ‘720’ should hit shelves in 2013.

Looking at the press conferences organised by top console makers it is difficult to tell who did the best showing. The quality of performance changes from year to year and depends largely on what company decides to showcase which hardware. Most of the times it is the hardware only, that provides them the necessary edge over the others in the race.

The latest Wii U console has not succeeded in making a very good impression on many since most of the people consider it to be yet another look-alike of the already available Wii instead of being completely new and fresh.

The console is said to be similar in looks with Wii as it also boasts of rounded edges and while Nintendo is itself not letting out much information on the technical aspects strong rumours are making the round that these latest controllers will be wireless also when it displays a very great clarity video.

Nintendo Cos. President has said that the company has missed out in sales when it comes to the 3DS handheld game machine. This is for the current situation during this year and the countries like Japan, have hit the sales even harder.

Even the US and Europe have not been able to show any good performance either. Ironically, the figure comes out after the company was able to show solid growth during the first week when it was launched.

There has been gossips that Nintendo plans to disclose its brand new console this coming June at E3.

The sales of original Wii has been decreasing and for this reason the company has planned to cut $50 from the original price.

Game Informer has reported after having information from the multiple sources that the new console will be having the HD games in it.