Nintendo Has Its First Annual Loss

Although Nintendo has been releasing some great content for their Wii and the handheld 3DS, they have reported a loss of $454. 54 million from 2011 to 2012. Even with price cuts on their Wii and 3DS, their net sales have dropped 36.2 percent. Doesn’t seem very good for Nintendo now does it? However, Nintendo still remains optimistic by stating that they will spin these losses around into a 35 billion yen profit thanks to new software for their current systems such as New Super Mario Bros. 2 for the 3DS and the launch of the Wii U. With that said, if Nintendo wants their new shiny system to provide the success that the Wii was able to accomplish, they’re going to need some great launch titles when the Wii U hits store shelves this holiday season. What do you guys think Nintendo needs to turn their Wii U into a hit success? Let us know in the comment section below!

Source: [Engadget]

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