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I still firmly believe Nintendo will announce their next gen system in 2011. Iwata never said in the statement that a new console wouldn't come in 2012 he never even said one wouldn't come in 2011. He simply stated Nintendo isn't bound to the five year life cycle and left alot of inuendos hinting a release is unlikely.

But keep in mind he has to satisfy investors and the fact he never flat out denied a console release in 2011 shows its definatly possible. Reggie and Iwata are renowned for denying new consoles exist until they are right about to launch. I remember Reggie the day before DS:Lite was announced issued an official statement saying no new model was in development and no new model was coming, he said it was just rumours. Then the next day Iwata announced the Lite.

Their job entails deception. If they came out and said yes we plan to launch 3DS in March, 3DS Lite in 2013. Wii2 in 2011/12. Then a bundle in 2013. They would be giving competitors and investors too much info. If Nintendo confirmed every rumour or denied every rumour out of the gate they would have no cards up their sleeve.

Wii2 is likely already done or nearly done development. I would say internal teams already have dev kits and are working on software. Nintendo is always a step ahead of the game they plan like 5-10 years in advance. Sure they may alter their plans but they are never behind and always have contingency plans.

I find it sort of odd that DS is now stable while Wii who's sales are dropping YoY is still growing. I think Iwata is waiting to see what his competitors do before he announces Wii2. If Kinect and Move fail and Wii rebounds then maybe winter 2012. If Move and Kinect succeed and Wii continues to loose market share then a spring 2012 release date is more then plausable.

In the end the next Nintendo console could be used to kill off PS360 stopping them dead in their tracks. Not to mention Nintendo being first to market could be beneficial. I think Iwata wants to see if Next-Box and PS4 are on their way. Nintendo has informants and I'm sure they know Microsoft and Sony both have consoles ready as well.

Its all about the timing!



-JC7

"In God We Trust - In Games We Play " - Joel Reimer