Wii U crucial as Nintendo posts first loss in 30 years
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Mario-maker Nintendo has posted its first financial loss in thirty years as Wii sales founder and smartphones boom.
The company lost 43.2 billion yen over the course of the last financial year (about $533m, £329m), but it had expected to lose 65 billion yen so it's not all bad.
Why the financial gloom? Well, Wii sales are dropping as the console ages, the Nintendo 3DS is selling at a loss to entice users in, big-title game releases have been few and far between - and the strength of the Japanese yen hasn't helped matters either. »read more
More at: TechRadar UK Add additional source
Filed in: Game ConsolesNintendoWii U