Whoa! Nintendo lost $575 million bucks! Remember when it was hard to find the Nintendo Wii? Or when the handheld Nintendo DS was the handheld game to have. That was years ago, believe it or not. In the meantime, the gaming system has been under pressure by the more powerful Microsoft XBOX 360 and Sony PS3, while the handheld is losing ground to the iPhone and Android phones - tablets, too.
Nintendo is promising Wii U in the Fall, while Microsoft is planning the next generation of the XBOX in 2013.
$575 million dollars . Yikes.
posted from Bloggeroid