Rears Manufacturing Company
“The Wii U hardware will have a negative impact on Nintendo's profits early after the launch,” Iwata said (according to GamesIndustry), “because rather than determining a price based on its manufacturing cost, we selected one that consumers ... Iwata is confident that the company will be back to making “Nintendo-like” profits soon through strong Wii U and 3DS sales. .... Blog: Another games journalism controversy rears its head after this year's Games Media Awards.
Rears Manufacturing Company
Share via Twitter Share via Facebook Share via N4G Share via Digg Share via Reddit Iwata: Consumers, not manufacturing costs, determined Nintendo Wii U pricePosted October 26, 2012 by Yuliya Geikhman in News.
News: Nintendo’s Satoru Iwata says that to sell the Wii U at a reasonable price for consumers, Nintendo will actually have to lose money on initial Wii U sales.
The Nintendo Wii U might cost you £210, but it will cost Nintendo too. According to Nintendo president Satoru Iwata, Nintendo will actually be losing money on the Wii U at launch.
“The Wii U hardware will have a negative impact on Nintendo’s profits early after the launch,” Iwata said (according to GamesIndustry), “because rather than determining a price based on its manufacturing cost, we selected one that consumers would consider to be reasonable.”
Iwata is confident that the company will be back to making “Nintendo-like” profits soon through strong Wii U and 3DS sales. Nintendo is also still counting on the Wii, with two new bundles now available for the holidays. According to Iwata, Nintendo is hoping to sell 5.5 million Wii U consoles in the first fiscal year, and 24 million units of Wii U software… a prediction that Michael Patcher would disagree with.
It won’t be long until we can see for ourselves who’s right – the Nintendo Wii U comes out November 18 (November 30 in Europe). Until then, keep an eye on Wii U news right here on BeefJack.
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News: Nintendo’s Satoru Iwata says that to sell the Wii U at a reasonable price for consumers, Nintendo will actually have to lose money on initial Wii U sales.
The Nintendo Wii U might cost you £210, but it will cost Nintendo too. According to Nintendo president Satoru Iwata, Nintendo will actually be losing money on the Wii U at launch.
“The Wii U hardware will have a negative impact on Nintendo’s profits early after the launch,” Iwata said (according to GamesIndustry), “because rather than determining a price based on its manufacturing cost, we selected one that consumers would consider to be reasonable.”
Iwata is confident that the company will be back to making “Nintendo-like” profits soon through strong Wii U and 3DS sales. Nintendo is also still counting on the Wii, with two new bundles now available for the holidays. According to Iwata, Nintendo is hoping to sell 5.5 million Wii U consoles in the first fiscal year, and 24 million units of Wii U software… a prediction that Michael Patcher would disagree with.
It won’t be long until we can see for ourselves who’s right – the Nintendo Wii U comes out November 18 (November 30 in Europe). Until then, keep an eye on Wii U news right here on BeefJack.
News: As was feared five weeks ago, PopCap’s Dublin office has been closed by parent company Electronic Arts in a restructuring move. The…Black Mesa mod released:
News: Ubisoft CEO Yves Guillemot reckons the company will produce fewer games during the next console generation, though they will be larger…Wii U European release date announced - but what will it cost?
News: Following details of Japanese and North American launches, Nintendo have announced the European release date of the much-anticipated Wii…Trine 2:
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News: The Unity based sci-fi tactical FPS Interstellar Marines has turned to Kickstarter after seven…To Valhalla and beyond, King's Bounty: Warriors of the North releasedNeed for Speed:
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