Nintendo has announced that it will sell its forthcoming Wii U console at a loss when it debuts on November 18th in North America. This follows todays earlier revelation that the Nintendo 3DS isn’t selling anywhere near as many units as Nintendo had originally forecast in the west.

Annual sales of Nintendo’s flagship 3DS handheld player, introduced last year, will be 17.5 million units, 5.4 percent lower than previously estimated, the company said in a statement today. Nintendo also lowered its forecast for 3DS software sales 4.1 percent and said it will sell its new Wii U model at a loss. – Bloomberg