Global Wii U Launch By End of 2012

Nintendo plans all major territories to have new home console by the holidays.

January 26, 2012

Faced with intense scrutiny, investor pressure and the first fiscal year losses for his company in over 25 years, Nintendo president Satoru Iwata once again reiterated plans for the future. Notably that includes making sure Wii U is available globally by the 2012 holiday season.

Though we've heard many times Nintendo plans to release the new home console sometime this year, this is the first we've heard Nintendo outright state it plans to bring the system to all major territories (North America, Japan, Europe and Australia) by the holidays.

In remarks to reporters, Iwata also emphasized he plans to restore Nintendo to profitability next fiscal year.