Satoru Iwata provided a quick update with regards to Smash Bros. on the Wii U at the recent Nintendo Direct broadcast. He said:
Smash Bros is a huge development undertaking and we need more time before it launches. Mr Sakurai told us that we have set the timing for the first screens at this year’s E3. Please wait for just a little longer.
I think if we’re lucky, we’ll have the game in our homes at the end of 2014.
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