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Soundwave said:

I think Nintendo is exaggerating how much of a loss the Wii U makes, especially at that ridiculous $350 price and the yen being much more favorable now than even in November when the Wii U launched.

It's a convenient cover story for under-performance in their overall business though.

Maybe Iwata will confirm Mario Kart U or something for Wii U this fall for sure (please understand!) ;).

True. Mario Kart U is all but confirmed in my eyes to be a Fall release to be honest.

Nintendo counts R&D when they claim they are taking a loss on the Wii U. As a result, we do not know if the Wii U is sold at either a break even point or a loss on hardware.

Nintendo needs momemtum for the Wii U (3DS will be more than fine going forward, especially during the holiday season with Pokemon and Zelda) and I sincerely believe that Iwata will tackle these issues during the investors meeting. NFC will be brought it most definetely and key software titles as well.