Nintendo reports massive annual loss on the back of anemic Wii U and 3DS sales

Mario Wii UNintendo, with lower-than-expected sales of both the Wii U and 3DS, has reported an annual loss of $229 million (23.2 billion yen). This is down from last year’s wea profits of around $69 million (7.1 billion yen). The company says it is establishing a new “health” division
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