 "Nintendo to stick with hardware platform strategy: CEO")
Nintendo Co Ltd President Satoru Iwata said on Thursday the company was sticking to its strategy centered on a combined hardware and software platform, which has come under criticism after the flagship Wii U console posted disappointing sales.
Iwata said he did not take a pessimistic view of the future of video game consoles, a day after Nintendo posted dull quarterly earnings and announced a share buyback to soothe market worries about its future.
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Nintendo’s shares have come under heavy pressure since it announced earlier this month that it would post its third annual operating loss in a row.
Reuters
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