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computerandvideogames.com - 29 days ago

News: Iwata: "Wii cannot be defined as healthy"

— computerandvideogames.com — Tuesday 3-Nov-2009 2:00 PM Nintendo on "urgent mission to recover momentum during holidays" in Japan Nintendo top... honcho Satoru Iwata has said that Wii's situation in Japan "cannot be defined as healthy". It's probably not as bad as it sounds, they ... (more) News: Iwata: "Wii cannot be defined as healthy"

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Nintendo

Satoru Iwata

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kotaku.com - 10/30/2009

Nintendo President: "There Was A Miscalculation" [Satoru Iwata]

— kotaku.com — Today at an investors event in Tokyo, Nintendo president Satoru Iwata was once again frank , admitting... a "miscalculation" was made about the game market. "The mood of the market got colder than expected," said Iwata, "and there was a ... (more) Nintendo President: "There Was A Miscalculation" [Satoru ...

Nintendo

Satoru Iwata

Wii

Shigeru Miyamoto

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Iwata - game industry not doing so hot due to lack of hit titles
GoNintendo — ... to look at the market in terms of monetary sales volume…We attribute the main reason of worldwide market contraction to the lack of hit titles across the industry in the first half of the year.” - Satoru Iwata Looks like Iwata thinks that all game developers really missed the mark in the first half of the year. Nintendo has already admitted to not performing as they wanted to. I wonder how many other companies will man up with them. Link