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S.Peelman said:
In reality, they would take all their franchises with them to the grave, like Iwata once stated. Personally I'd probably stop gaming too and stick to old consoles and games.

In reality the investors/shareholders would choose the way which promises to be the most profitable. Saturo Iwata is not the almighty ruler of Nintendo.

Burying franchises like a stubborn brat so that no other company gets them is not a good business decision.