Nintendo’s Current Financial Situation “Doesn’t Mean We Put Mario on Smartphones” – Iwata

Nintendo president strikes down any talk of expanding into mobiles.

Posted By | On 20th, Jan. 2014

Super-Mario-3D-World-3

Despite analysts believing that Nintendo should expand into other console platforms following its projected $335 million loss and 18 percent drop in stock shares, Nintendo president Satoru Iwata repeated the company’s stance of not bringing any of its franchises to mobile platforms such as smartphones and tables.

Speaking to shareholders, Iwata stated that, “The spread of smart devices does not spell the end of game consoles. It’s not that simple.” He also didn’t believe that the current financial situation meant “that we should put Mario on smartphones.”

But there’s no denying that Nintendo is in a financial situation. The Wii U hasn’t exactly benefited from a large number of third party titles, and the games that did release – including Super Mario 3D World and The Wonderful 101 – failed to ignite the sales charts. Could Nintendo’s solutions lie elsewhere, perhaps in bringing more third party games to its console, or has the Wii U simply been left to die? We’ll find out as the months go on.

(Source)


Amazing Articles You Might Want To Check Out!

Share Your Thoughts Below  (Always follow our comments policy!)



Keep On Reading!

Cyberpunk 2077 and Phantom Liberty Have Generated Roughly $750 Million in Revenue

Cyberpunk 2077 and Phantom Liberty Have Generated Roughly $750 Million in Revenue

In 2023, the action RPG and its expansion raked in roughly $206 million in revenue, CD Projekt has revealed.

The Witcher 4 Has Over 400 Developers Working on it, Still in Pre-Production

The Witcher 4 Has Over 400 Developers Working on it, Still in Pre-Production

Meanwhile, Cyberpunk 2 and Fool's Theory remake of the first Witcher are both in the concept stage of producti...

Predator: Hunting Grounds is Coming to PS5 and Xbox Series X/S in Late 2024

Predator: Hunting Grounds is Coming to PS5 and Xbox Series X/S in Late 2024

Developer IllFonic has taken over publishing for the title, with a new update next month and additional Predat...

Helldivers 2 Patch Fixes Freezes From Arc-Based Weapons and Stratagems

Helldivers 2 Patch Fixes Freezes From Arc-Based Weapons and Stratagems

The new patch ensures the Arc-12 Blitzer, Arc Thrower, and Tesla Tower will no longer cause players' games to ...

Like a Dragon, Judgment Developer is Seemingly Teasing an “Important Announcement” for Monday

Like a Dragon, Judgment Developer is Seemingly Teasing an “Important Announcement” for Monday

But Monday is April Fool's Day, so it could be a whole lot of nothing. Then again, it could be Judgment 3.

Princess Peach: Showtime! Beats Dragon’s Dogma 2 and Rise of the Ronin to Top Weekly Japanese Charts

Princess Peach: Showtime! Beats Dragon’s Dogma 2 and Rise of the Ronin to Top Weekly Japanese Charts

Princess Peach steals the spotlight from both massive, new open world action RPGs in the latest sales charts f...