Me too. People can say what they like about Iwata but he loves Nintendo and I honestly believe he did/still trying to do everything he can for Nintendo. If he gets fired in the upcoming share holder meeting, who will they choose? Someone with the same amount of love for Nintendo? Or, someone who will "ruin" Nintendo with publishing their IP's on console's and keep their portable console business?

Oh man, Iwata better get his speech ready for June. He's going to have a tough time with those investors.

Now for Sony's awful results.

Iwata is a good guy, but he's also been border line incompetent the last few years. 

They really didn't think that a lack of games (stemming from a small group of studios and poor third party relations) would bite them in the rear end? Even after it burned them on the 3DS? 

They really thought that a giant controller with a touchscreen in the middle was a good thing to sell an entire platform on?

They didn't realize that not having an Western based IP and studios would be a problem for them with Japan shifting more and more away from traditional gaming? 

Perhaps Iwata really is more a liability than an asset at this point, Nintendo it could be said would be better served by someone who is more objective and realistic about the company's faults, whereas a person who "loves" the company may not be as useful ... much like a parent who fails to see faults in their child because they're blinded by love. That child's parenting needs aren't being met. 

So, Rol, do you think Iwata & Co will seriously learn from this trainwreck and try to return to "the NES/Wii" way?

I was surprised that all it took was one very successful product for them to return to "their GC ways".

Yes. Will be lucky to reach 70million ltd now.

Lose-lose situation for Nintendo.
If they choose to release a new home console soon,they will lose all the support from those who bought the WiiU at an insanely high price, with abysmal support to go along with it. No one in their sane minds will buy another Nintendo home console again during the first 3 years as those dollars will likely go to the trash can when theu release a new console within a couple years due to their incompetence.

On the other hand, supporting a machone that sells less in an entire year than what Wii did in a slow quarter, means that they will keep on incurring terrible losses.

My guess is that the new console will launch in 2015, finally forcing Nintendo out of the home console business for good. Sad to see a gaming company with a century of successes, being ruined in a cfew years. Of course they will still be alive, but gaming will not be their focus anymore.

I would say that if they could prove with their new console that they have changed, it might have a chance. But it needs to prove it at launch. And I doubt it will.

You know I figured toastboy would have a field day with these news, so I checked to see why he wasn't making any threads. Then I saw he got banned :(

Ah, so this why the usual characters started spamming Nintendoom threads all at once! :L

The GameCube had NSMB and Wii Fit and Wii Party and Just Dance and Wii Sports Club and Mario & Sonic Olympic Mini-Games?

Must've missed that. 

The Wii U even has a Wii Sports bundle in Japan with a Wiimote ... it has caused no bump in Wii U sales at all (in fact they continue to sink lower there). 

Cheap, arcadey games are not the solution, that market is being completely owned by the iOS/Android markets, Nintendo can't compete with them. The audience that is interested in that type of gaming and don't care for more complex games like a Zelda or Metroid or even 3D Mario are happy as pigs in dirt with their iPhones and free/99 cent games that keep them busy. Why pay $40-$60 for that type of experience when you can get a similar fix for 99 cents? 

It's cooler/hipper to brag about your Flappy Bird top score around the office than it is to talk about your NES Remix top scores. Bring up Wii Sports and you'll probably get laughed at (that's ancient). Nintendo can't win that horse race any more.