Photographer: Michael Nagle/Bloomberg

Nintendo Tries to Convince Investors to Wait as Profit Dives

Updated on
  • Wii U, 3DS hardware sales languish despite Splatoon, Mario
  • President Kimishima affirms first smartphone game in March

Nintendo Co. President Tatsumi Kimishima tried to assure investors the company’s March mobile gaming debut is worth waiting for, even as a 36 percent plunge in quarterly profit highlighted a downward spiral in sales of Wii U and 3DS players.

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