Nintendo Talks its Direction for its Next Console

At a Q&A session held during Nintendo’s annual financial results briefing, the company’s president, Satoru Iwata, discussed Nintendo’s follow-up to the Wii U when asked if the weak sales of the system would require the company to launch a new system sooner than expected.

[via CVG]

“Once we launch a new platform, we naturally start to prepare for the next one,” explains Iwata.

“As it takes several years to develop a single platform, if you ask us whether we are preparing for our next system, then the correct response will be that we are always developing new hardware.

“On the other hand, the most difficult question for us to answer in public in concrete terms is when we are going to launch our new hardware and what kind of hardware we are going to launch, and I am afraid that I cannot talk about this in more detail.

“However,” Iwata added, “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. 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.”

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Iwata seems adamant that before Nintendo can consider releasing a new platform it must first satisfy those who have purchased the Wii U.

Nintendo recently confirmed that it would be suffering its third annual loss for the 2013 fiscal year. The company does intend to release a figure based platform that will help raise profits, but has also discussed releasing new platforms in emerging markets.