STEVE INSKEEP, HOST: NPR business news starts with more losses for Nintendo.</s>STEVE INSKEEP, HOST: The world's largest video game company, reported its third quarterly loss in a row - the latest was just over $81 million. Disappointing sales of the Wii U gaming console is the main culprit here. In spite of a name that sounds like a celebration - whee yoo(ph) - it sold just a few percent of what Nintendo had projected a year ago.
Nintendo, the world's largest video game company, reported its third quarterly net loss in a row — the latest was just over $81 million. The Wii U gaming console's disappointing sales are the main culprit. It has sold just 5 percent of what Nintendo had projected a year ago.