Stung 
by a rough holiday season and consumer apathy towards its latest console, Nintendo has slashed its financial forecast for the fiscal year ending March 2014 and cut its Wii U sales estimate by over two-thirds.
Nintendo said early Friday that it no longer expects to earn 55 billion yen this quarter. Instead, the company says, it will lose 25 billion yen. To put that into context, it’s a shift from a $527 million gain to a $240 million loss. Ouch.
Nintendo 
doesn’t have a lot to say about the Wii U these days, but the 3DS? It’s happy to talk about that, and for good reason.
Life-to-date sales of the 3DS and 2DS have topped 11.5 million in the U.S., the company announced Friday.
“Ho 
Ho Ho!” turned into “No No No!” for tons of gamers over the Christmas holiday.
Several major online game networks experienced notable performance issues — and outright crashes — as a new influx of players jumped online.
Just 
two years ago, 3D was being touted as the Next Big Thing in gaming
Sony released an affordable 3D monitor for the PlayStation 3 to showcase the system’s potential. Nintendo proudly trotted out the 3DS. First-party developers added in the necessary coding to make their games shine on the then-hot technology.
Faced 
with miserable sales and looming competition, Nintendo has finally lowered the price of its next-generation console.
Effective September 20, the Wii U Deluxe Set will see its retail price drop $50 to $299.99. Nintendo also plans to include The Legend of Zelda: The Wind Waker HD with the system in a limited edition bundle.
Chris Morris: Journalist 