Nintendo has revealed that it 'failed' with the Wii on a variety of levels. Firstly, they couldn't continually release strong levels of software and implied that a price drop come at a too late time. Although the price drop has seen some momentum returing to them.
â€œWe failed with the Wii. We were unable to continually release strong software, and let the nice mood cool. We were unable to show a new game to become â€˜the next thing.â€™ In the game market, once youâ€™ve lost the momentum, it takes time to recover. With the price drop, sales returned to a certain level, but they just did not reach the level of last year around this time. We decided that it would be difficult to sell enough to recover from the poor performance of the first half of the year. In order to reach it (20 million target), weâ€™ll have to move quite a large quantity, but itâ€™s a figure we released after having felt the momentum returning [based off the price drop].â€</blockquote>
News Source: <A href="http://www.nintendoeverything.com/?p=26779" target="_blank">Nintendoeverything</a>