Nintendo (NASDAQOTH: NTDOY ) is looking for a second chance to make a first impression. The video game company's Wii U console is off to a dreadful start since its launch, having sold just 160,000 units globally over the last quarter. Still, it thinks it can recover from that stumble by giving gamers what they should have had from the beginning: a strong slate of first-party games.
In the video below, Fool contributor Demitrios Kalogeropoulos says he agrees with Nintendo's management that the Wii U's problem isn't on the hardware side and that upcoming releases in powerhouse franchises like the Legend of Zelda, Donkey Kong, and Super Mario should help the console's sales recover. Still, the Wii U looks destined to be playing catch-up for this holiday season and into next year, he says.
The tech world has been thrown into chaos as the biggest titans invade one another's turf. At stake is the future of a trillion-dollar revolution: mobile. To find out which of these giants is set to dominate the next decade, we've created a free report called "Who Will Win the War Between the 5 Biggest Tech Stocks?" Inside, you'll find out which companies are set to dominate and give in-the-know investors an edge. To grab a copy of this report, simply click here -- it's free!