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Mummelmann said:

"Nintendo will not be announcing any new hardware"...

OT: Hmm, entering into battle with smartphones/tablets and browser/social games will not end well, I think. This might have been a decent idea a decade ago but not now. Instead of trying to improve in the markets they are the most out of touch with (the West), they opt to try to penetrate the markets that are the least likely to adopt new consoles to begin with, regardless of pricing (the convenience segment will conquer these markets and consoles are losing relevance even in their strongest territories). In my honest opinion; this is a horrible plan in this day and age and shows that Nintendo are truly struggling to keep up with the modern market movements and development.

But, Microsoft is doing it. I thought they were good in the book of being "in touch", now?