Iwata admits every game system will be sold at a loss. Other Nintendo hardware, such as the Wii when it was launched, made a profit on every sale. The launch of the Wii U marks a departure from that comforting statistic. "We had to book a loss on the hardware, which is currently in production and will be sold below cost," said Satoru Iwata, President of Nintendo. When the Wii was ...Read full article
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