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Nintendo Wii U will be sold at a loss
Newsbrief: As Nintendo finally begins to sell its 3DS handheld at a profit, the company has now stated that the upcoming Wii U console will sell at a loss from launch. As part of Nintendo’s semi-annual financial results briefing, company president Satoru Iwata explained that the Wii U hardware will have a negative impact on Nintendo’s profits during this upcoming quarter, because “rather than determining a price based on its manufacturing cost, we selected one …
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