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In the latest attempt to boost sales and slash their yearly losses (between April and December of 2011, Nintendo had a $624 million operating loss), Nintendo's latest Wii U is rumored to hit stores by December 21st with a hefty price tag of $500–just in time for the holiday sales.
At the this year's E3 conference, Nintendo's President and CEO Satoru Iwata gave a presentation on all the features the Wii U had to offer.
The Wii U features a 6.2 inch built-in high-definition screen with a compact design perfect for home entertainment. Weighing it at just 3.41 pounds, the Wii U is capable of supporting two other Wii controllers, so fans won't have to give away their Wii Balance Board and Wii Nunchuck.
In case you missed it, watch Iwata's presentation below.
