As a loyaIist to Nintendo, I would have to agree that they did screwed up with the Wii U launch but I also have to disagree with what he said.
I think what many critics (like him who try not to or don't bash the Wii U) fail to mention in their reasons is that....this industry is asking too much from a company that's strictly a gaming company.
1.Sure they could/would/should've released a much beefier console, BUT what we have clearly seen is that they can't release a console of that sorts without suffering heavy losses. MS and Sony have much deeper pockets to be able to handle those kind of losses. Have they had released a much more powerful version of the Wii to combat the other two, then would've possibly filed for bankruptcy if it wasn't successful.
Companies like Nintendo are a dying breed/species that might go instinct like Atari, and Sega if things don't get any better.
2, Since this is Nintendo's first time in working with HD technology, it's only natural that they're taking a little bit longer to release their software. I'd rather have them telling me to wait than have them release a rushed, buggy/glitchy game. So a zelda game wouldn't have been possible at launch without being plagued with bugs or other issues.
3. The main reason in my most honest opinion, as to why Nintendo seems to be out of touch (as this guy said) is because of this ever changing industry, and the past management by Iwata's predecessor. The industry for the most part, is just asking too much from a video game company (which was at it's prime during the SNES days) that makes software (only) for their own hardware. We want better, stronger, (and pricier) hardware; that's what the industry mindset is at.
The other half of this falls to Hiroshi Yamauchi. He was an aging CEO who was bickering with third party developers about their troubles with the N64 and his management. He wasn't scared of alienting thrid party companies. Because of this the N64 and later Gamecube suffered greatly. This was when Mr. Iwata tried to patch things up with some developers.
Anyway thats my take on NIntendo's current issue(s) and this video. You ask me if they want to survive in this ever changing business, they would have start branching their company to other things like they did in the past (though it be wierd if they brought back thier love hotels :P).
