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Nintendo profits tumble due to weak Wii U sales

Japanese video game giant Nintendo's gam

YOSHIKAZU TSUNO/AFP/Getty Images

Japanese video game giant Nintendo's game character Super Mario stands at a showroom in Tokyo 25 January 2007. Nintendo said that its net profit rose more than 43 percent in the three quarters to December as video-game fans worldwide snatched up its DS portable game machines and next-generation Wii machines.

Sorry Mario, but your profits are in another console.

Nintendo recently revealed that their profits fell 30 percent in the first nine months of the fiscal year. This drop is largely attributed to slow sales of Nintendo's newest game console,  the Wii U as well as their handheld the 3DS.

What does this mean for the future of everyones' favorite plumber? To find out we turn to Dan Hsu, editor-in-chief of Gamesbeat.com


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