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Ignoring the conflation of handheld and console markets and the predictable Nintendo doomsaying, the paragraph below is the one that jumped out at me. I wonder if Iwata actually said that, or if it's just rumour-mongering.

Either way, I don't think we're going to see Iwata pull out his iPhone in any more interviews.

http://business.timesonline.co.uk/tol/business/industry_sectors/technology/article7118570.ece

Satoru Iwata, the Nintendo president, is understood to have told his senior executives recently to regard the battle with Sony as a victory already won and to treat Apple, and its iPhone and iPad devices, as the “enemy of the future” .



"The worst part about these reviews is they are [subjective]--and their scores often depend on how drunk you got the media at a Street Fighter event."  — Mona Hamilton, Capcom Senior VP of Marketing
*Image indefinitely borrowed from BrainBoxLtd without his consent.