Exactly. How in the hell is Sony still around? 

This is exactly the kind of filth that's ruining the industry.

u think people know how much money sony makes from its financials arm and its entertainment arm? That's around 3 billion in a year of profits. Their imaging division makes a good amount of money too around 200 million a year and I expect more now with them going into medical. Playstation is profiting at around 500 million - maybe even a billion if the ps4 keeps up the momentum. Mobile is breaking even or is even making a profit now they had the #3 mobile revenue last year behind samsung and apple. loss leading tv is being split off and loss maker vaio has been sold. Sony is actually in a better position now that it doesn't have to subsidize those loss making divisions. Also so-net wholly owned by sony recently is setting up gigabit internet in Japan and they make a good healthy profit as well. 

All of this can be avoided quite easily. If Iwata and co get a clue

To be fair I believe Iwata said the mobile team has the freedom to explore any kind of game.

They should definitely do that. Nearly their entire demographic abandoned them for mobile gaming as evidenced by the difference in sales between the Wii and Wii U, so they should go after them. The family audience that they cater to has moved on, so it is only logical that Nintendo should move on with them and leave the home console market.