Nintendo’s Wii U Is Costing It Billions

Unlike video game publisher Take-Two Interactive (NASDAQ: TTWO) or Activision-Blizzard (NASDAQ: ATVI) , Nintendo (NASDAQOTH: NTDOY) only releases games for the consoles it makes, a strategy reiterated earlier this week by Nintendo of America’s President Reggie Fils-Aime. In an interview with KING 5 News, Fils-Aime defended his company’s policy, stressing that Nintendo will not be bringing Super Mario to Apple’s iOS platform anytime soon.