Satoru Iwata discusses the Wii U with investors and confirms some new details…

As reported yesterday, Nintendo confirmed their intentions to release the \’Wii U\’ in North America, Japan, Europe & Australia \”in time for the year-end sales season.\”

\”For the launch of new hardware, it is regarded as a sort of requisite not to miss the critical year-end sales season,\” said Iwata. \”The company is aiming to firmly complete the development of the entire system and prepare sufficient software so that the Wii U will be at its best at the time of the launch.\” He repeated a past statement that Nintendo has \”learned a bitter lesson from the launch of the Nintendo 3DS.\”

Nintendo confirmed they will show the final version of the \’Wii U\’ at E3 in June, with an event following in Tokyo.

As detailed in the previous story, the \’Wii U\’ will work with the Nintendo Network and will offer users individual accounts. Nintendo feels this will improve the ease of sharing the console with multiple family members.



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