Miyamoto explains the shift away from casuals.

[Soundwave]

t3mporary_126 said:

Calling your previous audience pathetic? I hope this was mistranslated because that is a crappy attitude.

I'm worried about the next Nintendo console now if Iwata and others feel th same.

Well the thing is when Nintendo lost a chunk of their audience to Sony at least the industry was still left on stable ground. 

The casuals on the other hand are destroying the traditional game market by devaluing and only accepting $1 shovelware type games. 

I'm a little surprised that Miyamoto is that candid, but I'm not surprised that they feel that way.