Since its November 2012 launch, Nintendo has been challenged by the Wii U underperforming globally at retail. In July, the company revealed that only 160,000 units had been sold around the world in three months, which it blamed on "the release of few key first-party titles".
As well as the firm's initial struggles with HD development resources, Iwata said the company is also challenged by the expectations of its audience.
Nintendo's first financial quarter (ending June 30, 2013) resulted in net profits of 8.6 billion yen (£57m / $88m), thanks largely to the strong performance of 3DS.

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