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Nintendo chief rules out price cuts for Wii U

By YURI KAGEYAMA Published: January 31, 2013

Nintendo President Satoru Iwata promised Thursday the struggling Japanese video-game maker will get back into operating profitability next fiscal year at more than 100 billion yen ($1 billion), while ruling out price cuts for the new Wii U home console to boost sales.

Iwata, speaking at a...
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