Will the Wii U Push Nintendo Back Into Profitability?

When Nintendo reported a $533 million annual loss in late April, it was the first time in the company’s 30-year history as a publicly traded company that it had fallen into the red.

Even though the loss was expected at that point, it was a mark of shame for Nintendo — and investors battered the stock. Now, as the company’s next generation console system prepares to launch later this year and the handheld 3DS device starts to get its legs under it, it’s hoping to get back to black. But not everyone’s convinced it will manage to do so.

Read more at CNBC.com

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