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The Wii U is struggling with new rival systems on the way.
Nintendo (NTDOY -3.01%) faces a cruel holiday shopping season as its Wii U consoles collect dust. Gamers will turn their attention to Sony (SONY -0.39%) and Microsoft (MSFT -1.43%), and a price cut on its Wii U is inevitable at this point.
In this video, longtime Fool contributor Rick Munarriz argues that Nintendo should come through with cheaper Wii U systems now rather than just wait until the November release of the Xbox One and PS4.
Rick Munarriz is a contributing Motley Fool stock analyst and long-time contributor to the company’s free and premium investing services, including Rule Breakers. He has analyzed stocks across media and entertainment, retail and restaurants, and emerging technologies for The Motley for 30 years. Rick holds an MBA from the University of Miami and earlier worked as vice president of sales at Pan American Frozen Foods and as Miami editor for AOL’s CitySearch. Rick is a regular guest on CNBC, Bloomberg, Yahoo Finance, and Fox Business for his expert stock analysis.
Longtime Fool contributor Rick Munarriz has no position in any stocks mentioned. The Motley Fool recommends Nintendo. The Motley Fool owns shares of Microsoft. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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