He is not a ass, he is just not a gamer, he talks about things in a money perspective, with a typical american kind of view:: "All signs point that way, so that way is the way to go".
This is all Nintendo never was: a company that follow trends and signs, they created wealth out of despair in the 80´s, they created fortune not competing in the Wii generation, they became the coolest and most unique option in the current gen, when all the others got is raw power.