Nintendo's profits are down 74% from April to Dec
Now this means that Nintendo has not seen a profit from the Wii alone in over half of it's lifespan. That's not even factoring in other devices that we don't talk about here because it's the Wii forum.
I think this means that Nintendo will have a new console ready soon because they've exhausted every other avenue trying to stop losing money. They tried Wiimotion, they tried tried a radically discounted price of under 100 dollars for the holidays, they've tried special edition Wii's, and all of it has not stopped the bleeding.
With another fire sale over the holidays Nintendo hopes to get back some of it's losses with upcoming software but the problem is that goes against the trend of how Wii software sells. It's a great thing to tell investors about the plans for the company but that's never happened in the past and there's no reason to think it starts now. Nintendo built up it's capital on it's hardware and once they had to start cutting the price of that they could never make it back up in software despite there being more consoles in the world.
Even if Nintendo wanted to wait to release a new console I don't think they have a choice, there's only so much you can lose until you need to move on.
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