Nintendo Spending More On R&D, Might Be Prepping A New Console

As is well known already, Nintendo announced that it has decided to slash Wii U’s projected sales forecast by 70%. Instead of the 9 million Wii U units that Nintendo expected to sell by the end of their fiscal year, (end of April), that sales figure is down to just 2.8 million.

What is more interesting, however, is Nintendo president Satoru Iwata’s subtle indication that the company might be readying a new console much sooner than expected. As reported by Engadget, research and development is garnering heavy support with the company strengthening both “development structure” as well as “new research and development activities.”

While this can also indicate that Nintendo might be focusing on making improvements with the Wii U, it seems the system might too long gone for a significant comeback. Take both the PS4’s and Xbox One’s exceptional commercial performances, with both consoles close to eclipsing the Wii U’s total sales figures in less than four months, and you have Nintendo making a logical decision to focus on developing a new system entirely.

President Iwata also dispelled any rumors regarding his resignation, saying “there will be no major management shake-up in the short term.”

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