Interesting bits of Iwata’s Q&A with investors

The full interview is here:

On the other hand, our business can be finished as soon as our customers become indifferent to our products. Accordingly, we are always reminding ourselves that we need to offer something new before our customers get bored of our current proposals.

-Regarding Wii and DS huge sales momentum yet lack of indepth games

Iwata mentioned that the lack of depth in DS and Wii games (I would say more like the Wii), is not because of hardware, but the software. But they know that they will need to keep offering surprises in order to keep sales going.

Statistically speaking, it is true that there are a small number of customers who feel that the flash memory is too small, while many others find that they have plenty of memory. However, because this small number of people are none other than the most avid players, we know we have to review the best possible solution to eliminate their inconvenience.

-Regarding, yes, THE LACK OF STORAGE SPACE!!

Finally someone asked this question right in front of the man.

Rest assured that we are preparing for a variety of products for the latter half of this year and early next year. Also, you will begin to see the many results of our third party partners, who have since recognized that Wii will be a platform for their success.

-Regarding the seemingly weak lineup for the second half of this year

Yes, I am quite fearing for the second half of the year myself. Currently, there is absolutely NOTHING on the horizon. Ok a few, I’m looking forward to Shiren The Wanderer Wii (one of the best games on the DS)…. I can’t think of anymore. Maybe We Cheer, since it looked kind of interesting, but I think my interests lies more on the WiiWare side. So, let’s hope Nintendo delivers an awesome E3 this year!

Other tidbits mentioned:

Nintendo handles marketing for virtual console, and Nintendo get the majority of the profit, but WiiWare developers do their marketing themselves, so the developers get the majority of the profit.

Iwata talked about rumoured Microsoft’s Wiimote-like controller. He said that Nintendo will need to continually offer surprises in order to attract customers, thus another Wiimote design is not a dangerous threat.

Iwata also talked about what we always joked that Nintendo makes too much money. He said that the DS and the Wii carry huge business risks and it is very important for partners to trust them. Thus it is important they have the financial means to carry out more future innovations. Well to me, it’s quite a reasonable reason, because who would have thought the DS and the Wii will succeed. 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