Reuters:
Nintendo Co Ltd posted a sharp drop in quarterly profit and forecast a bigger-than-expected full-year loss, its first at an operating level, as it battles a strong yen and its games devices lose ground to gadgets such as Apple’s iPhone.
Nintendo profit dropped for the October-December quarter, showing fewer people than expected bought Nintendo’s game systems. The company’s 3DS handheld system hasn’t sold nearly as well as it expected, and it’s going to replace its aging Wii system with a new product, the Wii U, later this year.
Given the love for sensationalist headlines these days, I fully expect there to be a lot of “NINTENDO IS TEH D00MED” flying around very soon. And as usual a whole lot of pundits will be dipping their little toes in ponds they know nothing about and make complete and utter… donkeys of themselves.
I mean, it happens when Apple has a great quarter, so I can only imagine the furious writing of negative articles aimed at Nintendo now.
I have begun referring to the Wii U as the Frankenwii. I wish them lots of success, but the new controller looks like a huge step backwards for them. When I get one (and I’m certainly not going to jump on it), it’ll probably be to play Wii games (or Wii U games written for the remote only).