Iwata: Wii U will be priced reasonably, Nintendo will make profit at end of fiscal year

The image above comes from a recent issue of the Yomiuri Shimbun newspaper.

Nintendo president Satoru Iwata told the publication that the Wii U will be priced “reasonably”. Iwata additionally stated that the company will do everything its power to avoid the same mistakes made with the 3DS.

Speaking of the portable, Iwata says that Nintendo is improving costs of the system. The 3DS has become profitable once again, and the company overall should become profitable by March 2013, the end of the fiscal year.

Source 1, Source 2