There's quite a lot to catch up on this week if you haven't been checking up, and there's a lot of color to go around too. Gold and silver are the colors of the new Pokemon remakes that have now been confirmed for the DS. Red is the theme of the crisp-looking Red Steel 2, although it's rather unfortunate that others won't see the video now. Finally, there's black, and quite a lot of it as the black-cloaked Nobodies of Organization XIII dish out some serious pain. Catch all that and more on this week's recap.

Nintendo does have a lot of celebrating to do cos the past couple of years have been really good for them. Not only did their gaming consoles (DS and Wii) give them much source of pride -- and profit -- they have also been just recognized as one of the world's most reputable companies, landing in at an impressive #6.

Well no wonder you've got layoffs in the industry recently - not to mention the shutting down of certain studios and whatnot. According to research conducted by EEDAR, only 4% of the total games out in the market ever make a profit - all other 96% just either break even or lose money. Yeouch.

Last month, we asked: has Nintendo abandoned its core community? Evidently, the answer is a resounding "no." According to the big N, they are currently developing core gaming franchises that are set to be released in the future. Ok, they're not coming anytime soon, but they are coming. More details in the full article.

Sega may not be the console manufacturing giant that it was in the early to mid-90's, but it's pretty happy where it's at right now. The publisher says it's in a good position to succeed and it's looking at companies like THQ to compete with. The game maker, however, said that it doesn't aim to compete with industry giants just yet. More in the full article.

A new threat to the Nintendo gaming empire may soon oppose its position atop the consumer food chain. According to an article from Forbes, Apple may eventually have the potential to topple the video game giant in the handheld gaming market with the introduction of its new App Store this Monday. Find out more about this possible David versus Goliath story in our full article after the jump.

That man right there is Japan's richest man. After his top three finish last year, Nintendo's Hiroshi Yamauchi has now claimed the top spot among Japan's billionaires - thanks to the success of the Nintendo Wii and DS. More details after the jump.

In this day and age, it would seem that the boundaries of traditional gender roles are blurring, even with regard to electronic gaming. Forbes, for example, has recently picked up on what appears to be a surge of female interest in the casual game market.

If this sounds interesting to you, feel free to turn to the full article after the jump for more on gender-related gaming.

Atari just received a warning from NASDAQ stating it may be delisted for low stock market value. Even after patching things up with FUNimation, it seems the video game company is in the red once more. Find the details at the full article.

Forbes Asia revealed its list of 40 richest Japanese for the June 18 issue, and numbers show that former Nintendo chairman Hiroshi Yamauchi jumped up a few spots to third place.

Yamauchi's net worth of US$ 4.8 billion doesn't come close to Bill Gates' US$ 56 billion, but the increase in his riches mean something for Nintendo. Thanks to the massive success the Wii and DS are experiencing, Ninty shares have tripled since January 2006. After dominating sales charts across the world, and almost catching up with the 360 even with earlier release advantage, it's no suprise that the greens are rolling.

From a company that used to sell hanafuda cards and run love hotels, Nintendo sure have gone big with the gaming industry. The only guys that topped Yamauchi were Mori Trust (real estate corporation) CEO Akira Mori who came in at first and Softbank (a telecommunications corporation) CEO Masayoshi Son at second place.