Nintendo Shares Fall After Unveiling Wii Player Successor
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Nintendo Co. fell to the lowest in more than five years after the unveiling of its high-definition video-game console prompted some analysts to question the company’s ability to repeat the success of its Wii model.
The world’s largest maker of video-game players plans to begin selling the WiiU next year, Nintendo said yesterday at the annual Electronic Entertainment Expo in Los Angeles. The motion-sensing device, using a proprietary optical format for games, will be able to play all game titles made for the Wii, said Reggie Fils-Aime, president of Nintendo America.