Investors Overreacted to Wii U: Nintendo Chief

While some E3 show goers might be willing to wait five hours or more to get a few minutes of hands-on time with Nintendo’s recently unveiled next-generation console, investors were less enthusiastic about the Wii U.

The company’s stock fell 5 percent the day it showed off the system—and was down another 7 percent on Wednesday. In an interview at the E3 trade show, Nintendo’s global president Satoru Iwata said he felt investors were overreacting.


Nintendo debuts Wii U

Nintendo, for the majority of this console generation, has been content to play its own game. Now it’s ready to take the fight to Microsoft and Sony.

The company on Tuesday unveiled its next generation home video game machine — dubbed Wii U — that will be flush with the high-definition graphics gamers have come to expect, as well as a unique, touch-screen controller. It’s scheduled to launch in 2012.

Read more at Yahoo! Games

Wii to Wii U, Nintendo’s next system

Nintendo raised the curtain on its latest videogame console, the Wii U, on Tuesday, but there was one key piece of hardware missing at its presentation — the console itself.

Instead, Nintendo used the Nokia Theater to turn the spotlight on the controller that consumers will use in a variety of ways to play games.

Read more at Daily Variety