Nintendo's Wii U Is Getting Demolished Already

By Evan Niu, CFA – Aug 12, 2013 at 9:00PM

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Japanese gaming stalwart Nintendo reports gloomy Wii U sales. With two looming threats from Microsoft and Sony on the horizon, is more pain in store for Nintendo?

Nintendo (NTDOY -2.16%) recently reported absolutely dismal Wii U sales, selling just 160,000 units last quarter. This is even before Microsoft (MSFT -4.30%) and Sony (SONY -1.55%) turn up the heat with the Xbox One and PlayStation 4, respectively, later this year. The Japanese company is trying to make another interface play, which it did successfully with the Wii, but is falling flat.

In the following video, Fool contributor Evan Niu, CFA, and Eric Bleeker, CFA, discuss how gloomy Nintendo's latest figures are.

Eric Bleeker, CFA, has no position in any stocks mentioned. Fool contributor Evan Niu, CFA, has no position in any stocks mentioned. 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.