News: Iwata Doesn't Intend to Step Down From Nintendo

When situations aren't at their best, it usually takes one person to shoulder the missteps, and reassure us that it will get better with time. That has been Iwata's position as of late as he continues to build up confidence for Nintendo's newest console, Wii U.

Earlier this year, Iwata had made statements on Nintendo's intention of earning 100 billion yen in operating income for this fiscal year. Following that statement, he remarked with what seemed like a compromise if Nintendo did not meet this goal, by suggesting resignation from his position. However, Iwata has now spoken out that he was misquoted before. During a recent investor's meeting, he summed it up quickly:
I don't recall saying I'd resign.  
Swift, but effective. Iwata went on to say Nintendo is focusing on its goals set earlier this year, with the recent lineup announced for this latter half certainly being a factor. As we near these big releases, it'll be interesting to see how much of a hardware push turns out from them, and how much it contributes to Nintendo's profit goal. What do you think of Nintendo's goals? Do you believe this upcoming lineup will be a success? Share your thoughts in the comments below, and join the talk on our forum!

Source: Nintendo Life

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