TheLegendOfMart, on 14 June 2012 - 17:31, said:
Yeah but Nintendo posted their first annual loss of $460million. The Wii is losing steam and the Wii U is going to cost at least $250, I think Nintendo are in real trouble by 2013 the next-gen consoles will be announced and it leaves the Wii U looking relative to how the Wii looked compared to PS3/360.
First loss in 30 years... which means they have plenty in the bank still then saved up for rainy years like this
But the 3DS has healthy sales now and is alone expected to keep Nintendo in the green for the first half of the year - let alone when the WiiU comes out where they'll be the first to the market with a new console, and selling it a profit (was the Wii also not sold at $250?). And that's going to be considerably cheaper AND easier to develop for than anything Microsoft or Sony are going to come up with when they do bring their machines to the market, which isn't looking too likely for making Christmas next year.
Also, it has the Wii name, uses the Wii controllers, can actually play Wii games, and costs the same was the Wii did when it launched. There's a lot of value to that in the market.