Nintendo president sees Rare closure

By throwing stones...

Posted by Staff
Satoru Iwata
Satoru Iwata
A report in Japan's Nikkei newspaper has seen Nintendo president Satoru Iwata make good the firm's exiting strategy over the sale of Starfox developer Rare.

Having netted an estimated £100 million from the sale, as we exclusively revealed to the world, Iwata said, "They take too much time with product development to generate meaningful results for us," hinting that Microsoft may encounter similar problems with the development outfit. This follows Iwata's assertion that Rare has only been accounting for around 1.5 percent of Nintendo's earnings.

Rare still has an abundance of jobs on offer, across its entire outfit with coders required for both Xbox and "future hardware."

As soon as Rare's plans are concreted, we'll let you know. In the meantime, Rare's final Nintendo home console offering, Starfox Adventures, is released today.
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