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Nintendo President: Stalling Wii Sales Made Nintendo Mood "Cold"

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At yesterday's Nintendo Tokyo conference, company president Satoru Iwata was frank, saying this about sluggish Wii sales: "The Wii stalled."

Wii sales dropped by 10 million units during the six month period ending September 2009, and Nintendo has recorded its first decline in profit in six years. Iwata summed up the feeling at Nintendo. "Not being able to continuously release strong software has made a good mood grow cold."

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With upcoming titles like New Super Mario Bros. Wii, Nintendo is feeling more confident about this holiday season.

任天堂:4年ぶり減収減益…「Wii」急減響く 9月連結 - 毎日jp(毎日新聞) [Mainichi]