Earlier in the week, Nintendo reported expectations for their upcoming earnings, and even slashed their Wii U sales forecast by over 70 percent.
The company will have its third straight fiscal year with an operating loss as strong 3DS game sales are not enough to turn around the company's fortunes.
In light of the earnings, and a 20 percent drop in the company's stock price as a result, it appears Nintendo may finally be "studying" new business models.
"We are thinking about a new business structure," says Nintendo president Satoru Iwata. "Given the expansion of smart devices, we are naturally studying how smart devices can be used to grow the game-player business. It's not as simple as enabling Mario to move on a smartphone."
The Wii U saw reduced projections multiple times last year and the company slashed its fiscal year Wii U sales forecast to 2.8 million from 9 million, a devastatingly low estimate. 3DS sales were also guided down to 13.5 million units from 18 million units.
In light of the earnings, and a 20 percent drop in the company's stock price as a result, it appears Nintendo may finally be "studying" new business models.
"We are thinking about a new business structure," says Nintendo president Satoru Iwata. "Given the expansion of smart devices, we are naturally studying how smart devices can be used to grow the game-player business. It's not as simple as enabling Mario to move on a smartphone."
The Wii U saw reduced projections multiple times last year and the company slashed its fiscal year Wii U sales forecast to 2.8 million from 9 million, a devastatingly low estimate. 3DS sales were also guided down to 13.5 million units from 18 million units.
