Home / Tag Archives: iwata (page 4)

Tag Archives: iwata

I will not resign, pledges Iwata

Nintendo president Satoru Iwata has pledged to fight on in his battle to return Nintendo to profitability. Yahoo News reports that the exec told shareholders in a meeting this morning that his failure to return the platform holder to profitability – as he had previously pledged last year – does …

Read More »

Iwata’s Wii U and 3DS statement in full

Nintendo president Satoru Iwata has released a lengthy statement clarifying the events that led up today’s damaging sales forecast reductions. Nintendo this morning reduced its Wii U unit sales forecast for the current financial year from 9m units to just 2.8m units. It also cut its 3DS sales prediction from …

Read More »

Nintendo slashes Wii U sales forecast from 9m to 2.8m

The reality of the challenge confronting Wii U has finally struck Nintendo. Having throughout 2013 steadfastly stuck to its 9m unit sales forecast for the console for the current financial year, the platform holder has at last reduced that prediction. It now says it will likely sell just 2.8m Wii …

Read More »

Pachter: "I don’t know why Iwata is still employed"

Wedbush Morgan analyst Michael Pachter has stepped up his media onslaught on Nintendo by saying that president Satoru Iwata should be sacked. "I don’t know why Iwata is still employed," Pachter told the Game Monetization USA Summit in San Francisco, GamesIndustry reports, adding that the Wii U’s commercial performance has …

Read More »

Nintendo remains committed to 3D content, despite 2DS switch

Big questions were asked of the 3D future of the 3DS when Nintendo revealed that its latest version, the 2DS, had done away with the 3D screen. Nintendo boss Satoru Iwata, however, has told investors that the new machine does not represent an end to the company’s portable 3D ambitions. …

Read More »

Nintendo to prioritise digital for new IP

Nintendo says it will focus on digital releases for its new IP given the platform’s flexibility. The firm’s president Satoru Iwata suggested during Nintendo’s Q2 earnings Q&A that customers were hesitant to buy boxed releases of new IP. Instead, Nintendo will focus on digital launches and its wide flexibility in …

Read More »

Iwata: "Nintendo is not good at competing"

Nintendo has a rich history of innovation and president Satoru Iwata says that tradition remain very much at the heart of the company. When it works, it really works – just look at the record-breaking success of the DS and Wii. When it doesn’t work, however, it can leave the …

Read More »

Iwata: We will carry on Yamauchi’s spirit

Nintendo president Satoru Iwata has paid tribute to his predecessor Hiroshi Yamauchi. Yamauchi passed away yesterday morning in a Kyoto hospital after a battle with pneumonia. In a statement released by Iwata, the platform holder’s current boss vowed to stay true to the values that saw Yamauchi make Nintendo the …

Read More »

Iwata dismisses Wii U price concerns, says software is the issue

The Wii U’s full retail price of between 250 and 300 is not the reason for its market struggles. That’s according to Nintendo president Satoru Iwata who told CVG that the comparatively higher sales of the more expensive Premium SKU disprove the theory. "If the price is actually an issue …

Read More »

Iwata vows that Nintendo IP won’t go multi-platform

Don’t expect Mario, Zelda or Donkey Kong to appear on non-Nintendo platforms anytime soon. That’s the message from Nintendo president Satoru Iwata, who says that while the move may be of short-term benefit it would not be in the long-term interests of the platform holder. "If I was to take …

Read More »