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Nintendo Co.

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Nintendo Co.’s Wii U is to be released on the 18th of November. The Wii U launch gives Nintendo Co. a show as the company tries to bounce back from its annual loss. The Wii U is expected to be a hit during the 2012 holiday shopping season.

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September was another rotten month for the retail video games business. According to data, U.S. retail sales of new video game hardware, software and accessories dropped as much as 24 percent in the month.

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Nintendo Co. is all set to sell its new Nintendo gaming console titled the Wii U in Japan at a price of $340 or 26,250 yen as the creator of the mega popular game title Super Mario looks to gain the lead in gaming from Microsoft Corp. and Sony Corp. and fend off smartphone and tablet manufacturers headed by Apple Inc.

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