Nintendo Reports First Ever Operating Loss

Nintendo might have stumbled in the last quarter of 2011 due to the price cut of the Nintendo 3DS but it is definitely picking up steam and some great support from 3rd parties, they have Dragon Quest X coming out on August 2nd for the Nintendo Wii, and their next generation home console, the Nintendo Wii U, is set to launch in the Fall of 2012. So, I definitely see sales picking up big time the closer we get to the 2nd half of 2012. What do you guys think? Does Nintendo need to change up their strategy to get some sales momentum?


Source: http://www.chicagotribune.com/business/breaking/chi-stung-by-smartphones-nintendo-set-to-report-firstever-operating-loss-20120425,0,7781797.story