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Nintendo launches Miiverse

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Nintendo launches Miiverse

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Get ready for Miiverse.

This is Nintendo’s new social and content network being readied for the new Wii U games console.

Nintendo lags behind its main competitors when it comes to online gaming. The Japanese company trails behind Sony and Apple, and mobile phones, which alone gobble nearly eight billion euros of the gaming market.

Analysts applaud Nintendo entering the game, but wonder if it will generate profits.