Nintendo's incumbent President, Satoru Iwata, has had some explaining to do to investors and other stakeholders regarding the health of his company. But don't worry, it's not dead yet.
Speaking following the recent less than stellar financials, Iwata explained that: "I can certainly assure you that we are not at a dead end of any kind in which we are out of ideas for developing new hardware."
So, what new hardware? He would not be drawn on that, stating, "I of course believe that launching new hardware will not produce good results unless we first make sure that those who have already purchased our platforms are satisfied. We will continue to work hard to ensure that consumers who already own our platforms are satisfied, and make sure that people will continue to see great value in our software, but I would like to say that we are preparing for our next hardware system, and in fact, we already have a clear idea to some extent about the direction our next hardware is going to take."