4/26/2012

Nintendo most recently forecast that it would sell 10 million Wii consoles in the fiscal year ended in March, which is down from a forecast of 13 million the company made a year ago. The company faces increasing competition from Apple, as well as new products from traditional rival Sony, as it prepares to launch its Wii U later this year, this analysis notes, which points to a possible need to trim its hardware focus and rely more heavily on its software titles.

Full Story:
Reuters

Related Summaries