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Nintendo to lose money

January 26th, 2012 by Joseph Ruthaford

So with the known fact that the Wii U will be on sale this holiday season and Nintendo is reporting some major losses. The full fiscal year of 2011 was a loss for the major video game company. They are looking at about a 65 billion yen loss which equals about an $835 million dollar loss and it also had to change its sales estimates for final part of the period. The 3DS at 16 million between April 2011 and March 2012 but Nintendo will be around 14 million in sales. The Wii sold over 94 million units to date. It looks like the holiday season can’t come soon enough to the people over at Nintendo and hopes that the Wii U will be there for the holiday season and that the sales should be high for a system from Nintendo that will actually have HD.

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