The device also needs to get an official price cut from Nintendo

Jan 24, 2014 09:38 GMT  ·  By

The leader of a retail chain says that the launch of Mario Kart 8 represents the final chance for the Wii U to generate solid sales and that Nintendo needs to drop the price of the home console to compete with the Xbox One and the PlayStation 4.

Under condition of anonymity, the source tells MCV that the price of the Wii U needs to drop as soon as possible and that the second screen experience needs to have more mainstream appeal.

He is quoted as stating that, “There is only one real last chance for Wii U and it is Mario Kart 8. It could still be the game that sparks interest in Wii U, but it would need to be combined with a more mass market retail price.”

Nintendo has revealed that it is preparing to post a loss on March 31, 2014 and that it is dropping sales estimates for the Wii U from 9 to 2.8 million for the current fiscal year.