Iwata Admits Nintendo Was Unable To “Lift Sales Momentum For Wii U” During Holiday Season

Iwata

Nintendo president Satoru Iwata has admitted that the company wasn’t able to shift as many Wii U consoles and software during the key holiday season as they had originally expected. Iwata went onto say that the lack of game software sales is having the biggest impact on profit at the Kyoto based company. The company expects a loss of 25 billion yen ($240 million) in the year to March.

“During the year-end shopping season, we weren’t able to lift sales momentum for the Wii U,” Nintendo President Satoru Iwata told a press briefing in Osaka.

“The decrease in game software sales is having the biggest impact” on profit, he added. My duty, more than anything else, is to revive our business momentum,” he said.

Well no shit. Maybe if you listened and made the games WE WANT like Starfox you wouldn’t have been in this situation.

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