@Padib: Some answers from last Nintendo financial Q&A

http://www.nintendo.co.jp/ir/en/library/events/140508qa/index.html

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Q 2-2 The company has set multiple measures for its mid-term future, but I think that sometimes it is necessary to make a big investment while maintaining a sound revenue-expenses balance. From this perspective, I would like to know whether you have set any priorities.

A 2-2

Iwata:

While I believe that increasing the long-term corporate value of the company is naturally our most important task, as it is impossible to make that our sole priority without regard to the short-term revenue-expenses balance on an annual basis, I think it is necessary to make investments while maintaining a certain balance of revenue and expenses. However, in terms of when we will be able to regain Nintendo-like profits, I would ask you to give us a bit more time and see how we do in the following two years.

As for our focus, we are already going to utilize, for example, our character IP from this fiscal year in ways that I described in my presentation today, so it is perhaps easier to see relatively early on the actual content of this new business endeavor and understand more clearly what we are going to do with it. Also, regarding what I mentioned at the Corporate Management Policy Briefing in January about our efforts to go into a new business area, namely our platform business that seeks to enrich people’s QOL (Quality of Life) in enjoyable ways, I would like to talk more specifically about the kind of business we have in mind within this year, and the current time frame we are working on puts the actual deployment of the initiative in the next fiscal year, with contributions to our profitability to follow in the following fiscal year. Moreover, I feel that we will be able to further stimulate our platform business by taking advantage of smart devices, and I think that we will be able to provide detailed information on this as well as some concrete results between the current and the next fiscal years. Also, the idea I mentioned about redefining the definition of video game platforms will also require approximately two years. This is how we would like to talk more about our mid-term measures and lead them to actual results. However, we will not be able to create a good environment for the company unless projects are undertaken simultaneously, so this is the kind of timeframe that we have in mind.

I give up. If you think Wii U has any chance of staying 10 years on the market while at the same time being by far the least profitable and one of the worst selling consoles EVER, more power to you. This is some John Lucas level of denial honestly

Thats what I was trying to point in the OP. But people around stick to the thread title and 10 years, like they can't read...
Also why all the WiiU haters in this thread can't even think of a possibility that its sales will go up with Mario Kart and following 2014 releases?

Believe it or not, a lot of people have nothing better to do. And even amonst so-called adults, there still seems to exist this childish "MY console is better than YOURS" notion, that pervades the interwebs.

Well we're just commenting on the Wii U itself.  There's plenty of reasons why it would be replaced sooner, even if it's good enough.

The disappointing sales - affect Nintendo even it doesn't affect you.

The past life of Nintendo consoles is reason to see they discontinue consoles sooner than 8~10 years.  It's not in their control, once a console stops selling much then it's discontinued.

N64 was discontinued after ~6 years.
GC was discontinued after ~6 years.
Wii was discontinued after ~7 years.

Also who said that MK8 won't boost sales?  That's just not the only factor.

i think the 10 years are possible if nintendo drops the gamepad in 2016/17.
the is a huge market at a low pricepoint. the casuals will buy a HD Wii for 150$.
moms still like to play dancing games and wii fit,etc. and the wii u can easyly do those games in 1080p.
and its a good addition to the better life stuff nintendo will come up in 2015/16. QOL in the complete house with a motion controlled workout in front of the wii u.
nintendo can make a huge profit while focusing on games for the next gen, because they dont need a real studio to make those games(the engines will be perfected for those games by than, the just have to come u with new minigames)

AHAHAHAHAHAHAHAAHAHAHA!

Not even the Wii could make it to 10 years! Nintendo's consoles peter-out so quickly compared to the competition. Nintendo and the Wii U are such jokes.

Give me your reasons for Nintendo turnaround and being competitive with PS4/Xbone? PS4/Xbone has huge number of 3rd party games this year and beyond with more new IP's from 3rd party(first pary) being announced at E3 which wont come to Wii U. So, how do you expect everyone one to buy Wii U when they dont get these 3rd party games to play other than few Nintendo exclusives every 3 months. 

PS: 3DS had turnaround only because of less competition from handheld where we have only PS Vita and we know that Nintendo dominates Handhelds and fails miserably in Home cosoles with a decline (expect Wii from the curve) because PS and XBox has huge software/services which everyone(mostly hardcore) wants and its not a toy for Family to buy for kids like Handheld.

I'd like to mute post like this or post of yours in the future. Is it possible to do this?