Zennie Abraham / Zennie62
tech

Nintendo Slammed by Weak Wii U Sales – Wall Street Journal

Wall Street JournalGiving few hints ahead of a closely watched business strategy briefing on Thursday, President Satoru Iwata conceded that the company needs to rebuild the Wii U business and find new ways to entice customers with console-based videogames, now under …Nintendo denies plans for Mario games on smartphonesThe GuardianNintendo president to halve pay after […]

Zennie Abraham / Zennie62
tech

Nintendo Studies New Business Model After Surprise Loss Forecast – San Francisco Chronicle

San Francisco ChronicleJan. 17 (Bloomberg) — Nintendo Co. President Satoru Iwata said the maker of video-game machines is considering a new business model after forecasting a surprise 25 billion-yen ($240 million) annual loss because of tepid demand for its Wii U. Nintendo …Nintendo Chief: ‘We Failed’TIMENintendo slashes earnings outlook to a loss on grim salesFinancial […]