Share “News Summary: Nintendo rules out Wii U...”

News Summary: Nintendo rules out Wii U price cuts

Published on NewsOK Modified: January 31, 2013 at 2:25 pm •  Published: January 31, 2013

$300 AND RUN: Nintendo's president ruled out price cuts for its new Wii U as a way to boost sales, even after a subpar performance during the holiday shopping season. The Wii U sells for about $300 in the U.S.

RISE OF THE PHONE: Game machine sales have suffered as consumers play more games on smartphones and tablets.

PROFIT PROMISE: Nintendo expects an operating loss of 20 billion yen, or $220 million, in the year ending March 2013. But Satoru Iwata made a "commitment" that Nintendo would post operating profit of more than 100 billion yen in the year ending March 2014.


  1. 1
    Proposed bill would make college textbooks free
  2. 2
    For 1st time, MIT's free online classes can lead to degree
  3. 3
    Dallas County man freed after serving 25 years for murder over faulty science of bite marks
  4. 4
    Doctors pioneer pot as an opioid substitute
  5. 5
    Playboy To Stop Publishing Nudes In Print Magazine
+ show more


× Trending business Article