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Nintendo's CEO Satoru Iwata recently announced at a press conference that the Nintendo Wii has lost momentum and, despite a price drop, will take a while to recover. He also admitted that the company is "unable to continually release strong software, and let the nice mood cool".
Mainichi Shimbun reports that Iwata, speaking at a press conference in Osaka today, said "Wii has stalled. We were unable to continually release strong software, and let the nice mood cool."
Sankei Shimbun, covering the same press conference, reported Iwata as having said "We were unable to show a new game to become 'the next thing.' In the game market, once you've lost the momentum, it takes time to recover."
Additional sources:
- Iwata: Wii sales have stalled (gamesindustry.biz)
- Iwata: “Wii Has Lost Momentum & Has No Decent Games” (sankakucomplex.com)
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Most recently commented on by on Nov 3, 2009
Most recently commented on by on Nov 3, 2009







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Thats all Nintendo has. Even those games can't "Keep flattening the opposition" thats laughable.
25char
im more interested in the pic of that black Wii up there...
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