The Nintendo President believes that there's still a future for console gaming.
Nintendo President Satoru Iwata believes that console gaming will not become obsolete despite the advent of streaming services like Gaikai and Onlive. Iwata also feels the same way about social gaming, despite its audience overlapping with the same audience found on the Wii and DS. "We do not think that the combination of a game system and dedicated software will last forever," Iwata explained in a recent Q&A with analysts. "However, we do not believe that hardware dedicated to gaming shall (become obsolete and) perish in a few years. I personally think that kind of scenario is unthinkable."
"The reason why we have been making systems dedicated to games is because creating engaging experiences that cannot be available on other devices is the lifeline for the company,"
Iwata concludes by stating that "Should we stop what we are doing, the current business configuration with a video game system and dedicated software could become obsolete. However, as we have been thinking and proposing new ideas one after another, we do not think that it will become obsolete at all."