With the recent success of Mario Kart 8 hitting 2 million sales and Wii U consoles sales also up, it seems investors still have faith in Mr. Iwata as President of Nintendo. For now.
The devastating flop of the Wii U has had the company out of the spotlight since its initial release, keeping fans generally disinterested. So why should we be concerned with their ideas for future innovations?
I keep on hearing about how Nintendo is in trouble and is dying because the Wii-U is doing poorly. The problem with that is this: the financial data does not back this up. Nintendo’s financial data that they released showed they made a profit of $98,891,500 (¥10,195,000,000).