Satoru Iwata: We Miscalculated


At an investors event in Tokyo, Nintendo president Satoru Iwata admitted a “miscalculation” was made about the game market. This comes as Nintendo records its first decline in profits in six years. On top of that – he also said Nintendo is aware of the weak 2009 software releases. He continued saying “Now, we are preparing for next year and thinking about what to do the year after next. We’re thinking about our best chances for success.”

All these read “new hardware”. So don’t buy anything Nintendo until any confirmed announcements are made. Hint: new Wii.


2 Responses to “Satoru Iwata: We Miscalculated”

  1. 1 zzeed November 1, 2009 at 9:42 am

    Aihh. Now everybody stops buying until there is confirmation.

  2. 2 BigMacky November 1, 2009 at 12:04 pm


    I have a new gadget buying rule. But upon release or don’t buy till the next update.

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