"On Wednesday, Nintendo's president Satoru Iwata declared his intentions to help the company post a billion dollar in profit by March of 2014. Which would be, if all goes well, a stark contrast to the previous two years of posting consecutive losses. Kotaku has pointed out that the Japanese media has already started speculating that if his goals are not met, Iwata will step down.
Nintendo, if its not clear by now, is in deep shit. In this year alone, it's already operating at a nine month loss of $64 million dollars. The company has also cut sales expectations by 27% for the Wii U and 17% for the 3DS.
Long time fans will no doubt will disappointed and frustrated by this news.
And yet, no one should be surprised."