 The Globe and Mail , in suggesting why Nintendo posted a record loss of $ 926 million for the initial six months of its 2011 – 2012 fiscal year , blamed the Wii 's design for being " short @-@ sighted " . The Wii initially enjoyed phenomenal success because it was inexpensive ( due to its being less sophisticated than its competitors ) and introduced a " gaming gimmick " . However , this approach meant that the Wii 's hardware soon became outdated and could not keep up long @-@ term ( in contrast to more @-@ advanced rivals such as Xbox 360 and PlayStation 3 , which are expected to continue doing well in 2012 – 2013 ) " as both user desires and surrounding technologies evolved " later in the generation . Furthermore , price cuts and the introduction of motion @-@ sensor controllers for the Xbox 360 and PS3 nullified advantages once held by the Wii . The Globe suggested that there were other reasons for Nintendo 's poor financial performance , including a strong yen and a tepid reception to the Nintendo 3DS handheld as mobile gaming becomes popular on smartphones and tablets ( such as the iPad ) . 
