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Gamasutra has a report from a recent Nintendo investor briefing that the company's CEO, Satoru Iwata, has adamantly denied that rival companies and their competing technology have caused Nintendo to lose ground, stating "I cannot understand at all why some people come to think that Nintendo has lost its edge as soon as they hear such news that other companies are newly applying for motion sensing technology."
While Iwata did admit that the DS' has lost some of its early momentum, he still remained steadfast that the platform was still successful, stating "Nintendo DS has not lost its footing at all. Actually, it has been even increasing its footing all around the world."
Iwata reiterated that the DS could receive a Kindle-like upgrade in the future, but closed his comments with a salvo against subscription-based platforms like the Kindle and iPhone, stating "The business model which requires our customers to promise to pay several thousands yen every month for the next two years does not suit well for the entertainment commodities."
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