With Nintendo's history, I think they've earned some mistakes.  They are, after all, run my humans.  Sure, they made the same mistake twice, but they pulled out of the last one...  To be honest, I think they're just growing faster than they anticipated.  Sometimes, things just go a lot better than you expected and you get totally caught off guard (ex/ Wii was SD 480p because they believed the uptake of HD televisions would not be that fast; instead, the HD television market exploded).  They weren't prepared for the way the Wii sold, and sometimes when things really go your way, you let your guard down.  That doesn't mean Nintendo needs to die, lol... I'm sure they'll be fine.

Respectable. Nintendo is defiantly the last "true" gaming infrustructure IMO.

Its his fault so he's paying for it... Literally.

And the entire Nintendo team deservedly so.

You do realise Iwata was the one that got Nintendo to that highly valuable position in 2008... He did the unthinkable and turned the company around to be highly profitable.

If you read what Iwata and Miyamoto said it is pretty clear to me that they get what went wrong.   Miyamoto blamed the Wii U's failure on a lack of uniqueness within the games, and he is absolutly right.  Wind Waker HD (remake),  NSMBU (rehash),  Wii Party U (very similar to the 1st), Pikmin 3 (modern update, obviously similar to Pikmin 1,2),  SM3DW (a sequel to a 3DS, a very good one, but still a direct sequel to 3D Land).    I am very interested to see what gets made moving forward, because to me it sounds like Miyamoto understands that Nintendo needs to freshen things up a bit.    Iwata blamed low U.S. 3DS sales due to a lack of games, which is true.   Animal Crossing,Fire Emblem,Zelda,Pokemon,Luigi's Mansion, DKCR port, and Dream Team.  That was what we got last year, and quite frankly Fire Emblem, a Donkey Kong port, and Mario and Luigi are not console sellers.   They put out 4 titles all year that had the potential to move consoles and in return saw good, but less then expected sales. If they had even one more system seller game, it would have been just fine.

Well if you succeeded six years ago you've earned the right to lose other peoples money for the rest of your life. 

- Nintendo logic

He's been saying the same excuses for 5 years. Please understand, we need to release more games, I will focus on ensuring there are no post launch droughts (lol), we need to work with third parties, we won't repeat the mistakes of the 3DS with Wii U, etc. etc. etc. Yet there's very little in the way of tangiable action. 

Sure Nintendo saves a few bucks from them taking a paycut, but it's a drop in the bucket compared to the overall damage done to the brand the last several years. 

They probably are going to waste much of the 3DS era without making any profit at all. They basically blew Pokemon X/Y's big year by somehow managing to post a loss the same year. 

I realize he gets a lot of rope, really because of his likable personality, but the results have been terrible. Yamauchi never posted a loss *once*, I Iwata has done so three straight years, and honestly I think they are headed to year 4 of losses. Lower 3DS sales next year and they still probably have to drop the Wii U price again and no Pokemon X/Y type release. 

Nintendo doesn't need employee paycuts. They need solutions to get them out of this mess that are properly executed. 

The day Iwata will stop taking pay cuts for every fuck up will be the day I  will be able to divide by zero.

Oh NeoGaf, lol.