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Nintendo is losing money on each and every Wii U it sells

Nintendo is losing money on every single Wii U sold (TYO:7974)
| Gaming Consoles News | Posted: Aug 9, 2013 2:40 pm

Nintendo's Wii U isn't selling well for starters, but how could it get worse for the Japanese company? Well, GameIndustry is reporting that Nintendo is selling their Wii U at a loss, still, nine month after it has launched.

 

nintendo_is_losing_money_on_each_and_every_wii_u_it_sells_05

 

The Japanese company stated in 2012 that they would initially take a loss for a few months on Wii U sales, but as manufacturing efficiencies and lower component prices would close that gap in cost for Nintendo. But, the company still haven't turned a profit from Wii U sales, and it looks like it will only get worse as time goes on because Sony and Microsoft are both just a couple of months away from launching their next-gen consoles.

NEWS SOURCES:Gamesindustry.biz

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