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 articleSubscribe to AfterDawn's weekly newsletter.

