By Matt Peckham
March 23, 2016

When the vanguard voice of a 140-year-old financial institution makes bold, bolt-from-the-blue claims, people tend to pay attention. So Japanese biz publication Nikkei‘s claim that Nintendo will cease production of its Wii U game console by year’s end to make way for its next platform, codenamed NX, is getting some pickup in the press.

But Nintendo has already refuted the claim, telling Japanese publication ITmedia that it’s made no such announcement. Nintendo says it plans to continue production of the Wii U through its next fiscal period and beyond. “Nothing to see here, move along,” in other words.

Speculation is pointless, so let’s stick with what we know, because one of those things is equally at odds with the Nikkei claim.

Former Nintendo President Satoru Iwata told TIME last spring that the company would say more about its next platform, codenamed NX, sometime this year. At this point, we still don’t know when, nor do we know if saying more is synonymous with showing anything, much less releasing.

And barely four months ago, when I asked the firm’s current president, Tatsumi Kimishima, how long the Wii U would remain a core Nintendo platform, he told me this:

Write to Matt Peckham at matt.peckham@time.com.

SPONSORED FINANCIAL CONTENT

You May Like

EDIT POST