Nintendo posted its US$97 million quarterly loss in Wii U product.
Wii U is a package that comes withe everything you need to start in playing right out from the box. It includes the games of the New Super Mario Bros plus additional storage space and accessories.
Meanwhile, Nintendo is a Japanese electronics company which is located in Kyoto, Japan. It is the largest video game company by revenue.
The firm had logged its third straight year of loss in operation. It underscores the challenges faced by titan which is a one-time industry.
The said company was experiencing a hard time in recent years being the rivals of Sony and Microsoft. These said companies had outpaced the maker of Pokemon and Super Mario in console sales.
In addition, these 3 companies are fighting for a cheaper, and even downloadable games that can be used in smart phones and any other compatible devices.
Though Nintendo is currently suffering from its net loss, its forecast for a 20 billion yen net profit still remain unchanged.
Even if this was experienced by Nintendo as of this moment, the fact that it had been known for its iconic games on mobile and other devices will still be left in the minds of everybody. May this be just a trial for the company.
Perhaps, people still know that this problem can be surpassed by Nintendo as time goes by.
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