Word: iwata
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...hard times exactly, but in the vastly profitable home-entertainment-console market, Nintendo's GameCube sits an ignominious third, behind both Sony's PlayStation 2 and even upstart Microsoft, which entered the market for the first time with the Xbox only five years ago. Miyamoto and Nintendo president Satoru Iwata are going to try to change that. But they're going to do it in the weirdest, riskiest way you could think...
...industry is deeply troubled. Fewer innovative games are being published, and gamers are getting bored. Games have become so expensive to create that companies won't risk money on fresh ideas, and the result is a plague of sequels and movie spin-offs. "Take Tetris, for example," says Iwata, 46, a well-dressed man who radiates good-humored intelligence. "If someone were to take Tetris to a video-game publisher today, what would happen? The publisher would say, 'These graphics look kind of cheap. And this is a fun little mechanic, but you need more game modes in there. Maybe...
...exit the TV-top gaming business. The company, whose GameCube is running third in market share, plans to launch a new machine (code-named Revolution) next spring. It may have voice-recognition, wi-fi and touch-screen controls similar to the technology in its newest handheld, the DS. Satoru Iwata, Nintendo's president, has criticized the ballooning money spent on game and console development. Unfortunately, it's a bit late for that. --By Jim Frederick/Tokyo
...survived by his second wife, Takako Iwata, and their architect son, Noritaka...
...that can link up with a TV and stereo; and Web-surfing, TiVo-style video recorders?will over the next several years invade the living room. Microsoft and Sony are already selling game machines capable of connecting to the Internet, anticipating the shift to multipurpose entertainment devices. And Nintendo? Iwata recently declared that the company is already working on a revolutionary new hardware unit, but says he won't divulge any details until next spring...