Iwata: Wii U business will be profitable in the next fiscal year

CVG: Nintendo's company president has told investors that its Wii U business will not become profitable until the next fiscal year.

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Jadedz2156d ago (Edited 2156d ago )

Who knew!

I remember a lot n4g members giving Nintendo flack for pricing their gaming hardware above manufacturing cost (something about "consumer value"). The 3DS had a massive price drop, and now the Wii U will be selling at a loss.

I guess Nintendo's more in tune with the messages conveyed by the "core" demographic PS360 fans.

LX-General-Kaos2156d ago (Edited 2156d ago )

Nintendo is a very intelligent corporation that specializes in survival tactics, and lucrative business decisions. Proven by a long history that consists of pure profit no matter the install base over time.I have no doubt that Nintendo will return and stay within the margin of profit for years to come. With both the Nintendo 3DS and Wii U entertainment systems alike. There will be adjustments and sacrifices here and there due to the rapid rate and growth of technology and cost. But if there is one company that can be counted on to turn a profit in the gaming spectrum, it is the Nintendo product line.

Rated E For Everyone