Nintendo has reported its first annual operating loss ever. The company lost US$454.4 million from 2011 to 2012. The Wii is a few years old now, and the company's latest handheld, the Nintendo 3DS, hasn't been selling near as well as it was supposed to. Nintendo claims it'll turn sales figures around quickly, however. Prices on the 3DS are set to drop, which should prop up sales of that device, and Nintendo is also planning to release a new console unit called the Wii U within the next year.
Why are we posting about this on a blog about Apple? Because while there are a lot of factors involved here, much of this loss is