Nintendo confirms, Wii U to be sold at a loss

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Nintendo has confirmed that each Wii U sold will be costing them money. The company has posted a loss for the last quarter and has further lowered their expectations for next quarter based on low 3DS sales and this emerging factor.

According to IGN, Nintendo is planning on selling around 5.5 million Wii Us before the year is over, however great that number may seem, it’s still going to be a loss. “Manufacturing costs are expensive, and we priced the machine at a level customers would accept,” said Nintendo’s senior managing director Yoshihiro Mori. President of Nintendo, Satoru Iwata asserts that the combined hardware and software sales will help their financials. “It’s important for us to develop a healthy business next fiscal year by combining sales of hardware and software,” he said in a statement.

Have you preordered the Wii U? If so, consider yourself lucky, there’s quite a hefty waiting list.

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