REPORT - Nintendo Wii U underwhelms investors, Pachter impressed

Nintendo Co Ltd’s launch of its next-generation Wii console failed to address investor concerns the firm is missing the gaming market’s shift to social networking, sending its shares tumbling to a five-year low. “Nintendo is ahead of the curve for once,” said Wedbush analyst Michael Pachter. “It can do anything a tablet can do and people might be asking, why can’t my iPad 2 do this kind of gaming too?”