Iwata will announce a second straight annual loss tomorrow, losing 18.7 billion yen in the 12 months ended March 31, according to the average of 15 estimates compiled by Bloomberg. For the year started April 1, Nintendo may post operating income of 70 billion-yen, according to the average of 19 estimates -- short of a target he said was a personal “commitment.”
Nintendo’s Wii U, its first new home-gaming console since 2006, is failing to meet sales targets amid a delay to software releases that Iwata said were crucial to winning over consumers who increasingly play games on smartphones and tablet computers. Sony Corp. (6758) and Microsoft Corp. are also preparing to release upgraded consoles this year, adding pressure on the 53-year-old executive who has been in the role since 2002.
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Is Iwata gonna step down after 2 bad system launches? You will see it on the next Nintendo Z(fiscal meeting is this week i think)
How much is 18.7 billion yen in dollars?
:'-( (I won't blame anyone wanting him to be fired, or to step-down).
Not trying to be a Nintendo-Hater, but I honestly don't think that 1st party titles are going to do much for the system. I think the WiiU is going to be just another N64/Gamecube scenario as far as sales are concerned.
did the wii u released in the wrong time?....