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Iwata says "Wii U isn’t in good shape", more price cuts unlikely, will talk about smart devices at investor conference, more
Nintendo president Satoru Iwata commented on a few topics ahead of the company’s investor briefing set to take place later today. Of Nintendo’s buyback initiative, Iwata said that Hiroshi Yamauchi’s heirs will have to pay inheritance taxes and may need to sell shares. He also remarked: “That won’t merit shareholders, that’s why we decided on the buyback. But that’s not...
Brian