Jobs was just too young to become CEO to the board' thinking that time. This was main reason why Jobs lost. Man, you should read more before putting such rhetoric.

There's literally a cult of Steve Jobs, he's basically like Iwata and Miyamoto rolled into one in the eyes of many people.  Not only that but while Nintendo has seen a decline in profit and sales recently the same hasn't happened for Apple.  It's really not even close although that's not to say that Iwata isn't a very good business man, he's one of the best.

I can't believe that so many voted for Iwata. Oh well.

You can't just compare profits / market cap between the two companies, as it doesn't give the whole picture of what's going on.

I mean, would you say that if Steve Jobs were CEO of Nintendo, that they'd be dominating the videogame industry even harder? That they'd still be selling Wii's and DS like it were 2008? Is that possible?

The two really aren't comparable. If the question were, "Who has the bigger impact on his company (or the world)?", it's obviously Steve Jobs, but that doesn't tell us whether or not he could take Iwata's job.

Steve Jobs was CEO of the decade voted by fortune magazine.... >_>

and he gave us Toy Story... ^_^

The contents of my bowls are better than Steve Jobs.

I highly doubt Iwata looks upto Steve Jobs, nor should he. Anyone with an iota of intelligence should not be looking upto Steve Jobs. He's a buffon of the highest order.

And here he's wrong.

Nintendo is in gaming, entertainment business, or toy business, if you will. So I perfectly understand why they eager to create a toy with mass appeal (aka killer innovation, or usually referred by community as gimmick) as if they're making traditional toys, each new one is entirely new concept, as if there're no standardization that obviously comes with any industry evolving, and modern age of digitalized video gaming is no exception. They gladly license third party accessories as well. Doing so makes perfect sense from business perspective, since this way they're bumping up their revenues and profits selling a shitload of self-manufactured accessories and getting royalties from sold third party accessories. I believe this is what was behind often misunderstood Miyamoto quote when he said that "gaming will never be digital", he didn't mean digital distribution, he was talking about toys.

For my needs - Iwata.