Nintendo released their annual financial report last week and we’ve seen some major shifts in the company. Iwata is no longer predicting a massive amount of units to be sold for the 2014 fiscal year, but that doesn’t mean he doesn’t have faith in the Wii U as a product. Even though Iwata did finally admit that the Wii U has been a financial burden for the company so far, he told investors that the company will continue support for the game system as a single game could help turn the tide.
During an investor Q&A session, Iwata spoke briefly about how this has been true for a previous Nintendo system.
“Before the release of the Pokemon game, Game Boy had been showing slow growth, and many people wondered whether it was the end of Game Boy.”
What does this mean? It just means that the Wii U has to find its Pokemon game. Something that is so successful everyone will want it. Perhaps Nintendo’s attempt at a Skylander-like experience with their bevvy of characters will ultimately be what turns the tide in favor of the Wii U.
- Report: Nintendo NX will use Nvidia’s n
- Nintendo stock stabilizes after rapid drop
- Mario & Sonic at Rio has a curse word?
- Nintendo NX Mock-Up Looks Great
TAGS: investors, Nintendo, Satoru Iwata, wii u