The Nintendo boss Satoru Iwata says that the slump in video games should be blamed on the lack of quality titles, not the economic climate. Speaking to Venture Beat he said:
“My belief is we should not blame the bad economy for the cause of slow sales of video games. The slow sales must be due to the lack of great software that everyone wants to buy.
We have not shown off the great attractions of whatever we are selling. This is not the problem of Nintendo alone, but the entire video game industry. After all, something that is really fresh can make our industry grow.
The important thing we have to tackle is making attractive games and marketing them well toward the end of this year. I think the whole industry should be more cautious about how we act and how the general public perceives us.”
These comments come after Nintendo were the big stars of E3 having introduced not only revolutionary technology but plenty of highly anticipated titles.