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Most executives at Nintendo of America (and most significant divisions of Nintendo) probably have intimate details about Nintendo’s hardware strategy. If you could get an honest response from Reggie it would probably be something like "The next home console is being currently targeted for Q4 2012, has an 4/8 core IBM processor based on the Power 6 architecture, and has a custom GPU based on the Radeon HD 5770" ... The problem is that it is his job to keep these details secret until Nintendo is ready for them to be released; and saying that Nintendo doesn't play hardware until Myiamoto sees a need is better than saying "If I told you the truth it would hurt our bottom line"