The news that 
Nintendo will lose money this fiscal year for the first time in its history as a publicly traded company wasn’t entirely unexpected, but that didn’t make it any less shocking.
It was a rapid fall from the top of the gaming hill for the company, hastened by weak sales of the Wii and DS and the tepid reception to the 3DS. Investors weren’t happy, raising some questions about whether president Satoru Iwata’s job might be at risk.
There’s a hard 
and fast rule in the gaming world: Never bet against Nintendo. That’s still true, despite the Wii’s ugly tumble from the top and the underwhelming rollout of the 3DS – but if you’re a gambler, this might be the time to hedge those bets.
The Wii U, Nintendo’s own next big wager, is likely still more than a year away from hitting stores, but the number of hurdles it’s going to have to clear in order for it to be a success are growing at an alarming rate.
Chris Morris: Journalist 