Financial group The Motley Fool speculates that Nintendo may discontinue the Wii U next year due to declining sales.
Discontinuing video-game consoles is not unheard of. Remember Sega? Before exiting the hardware business entirely they released, and then rapidly abandoned, four consoles between 1992 and 1999. Nintendo has also had its own share of failure with the Virtual Boy and discontinued it after just seven months.
Nintendo has shipped far short of its expectations at just 4 million units since its release. In August, Nintendo slashed the price of their console by $50 in order to increase sales. Nintendo’s management still believes they can sell 9 million consoles by the end of March 2014.
With the upcoming releases by Microsoft and Sony, The Motley Fool believes Nintendo will take a big hit and be forced to pull their console from the market. Back in 2006, Sony sold their PlayStation 3 at a loss but was able to make up for it in the long haul. Nintendo must emphasize sales for this holiday season in order to stay in the running. However, the Wii U might be overshadowed by Xbox One and PlayStation 4, and oh, there’s also Apple’s little device iPad Air knocking on the door.
Do you think Nintendo will discontinue the Wii U? What are your thoughts on the situation? Let us know in the comments below.