: Shares fell as much as 9 percent in Tokyo trading, according to The Japan Times. Nintendo, known for popularizing consoles more than three decades ago, is starting to embrace the age of mobile gaming. The video-gaming company revealed plans to introduce two new smartphone titles in the coming year, even as it forecast net income and revenue short of analysts’ estimates on plunging sales of the Wii U console and 3DS handhelds. So far, the signs are encouraging: Miitomo, a new free-to-play messaging app, has attracted more than 10 million users since its debut last month. This means that there will not be a new product for this year holiday shopping season, and that has people worried. Still, the company has not committed the most popular characters from its Mario or Zelda franchises to the smartphone effort, and its new NX gaming device will not debut until 2017.
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