Nintendo going multi-platform is a short-term fix, says Iwata

Nintendo president Satoru Iwata has stressed that taking the company's IP to other formats would be a short-term fix to the company's Wii U issues, he is more interested in its long-term prosperity.

Speaking with CVG, Iwata said when posed that the company should consider going multi-format, "If I was to take responsibility for the company for just the next one or two years, and if I was not concerned about the long-term future of Nintendo at all, it might make sense for us to provide our important franchises for other platforms, and then we might be able to gain some short-term profit.

"However, I'm really responsible for the long-term future of Nintendo as well, so I would never think about providing our precious resources for other platforms at all."

It follows comments from Eidos life president Ian Livingstone, in which he suggested Nintendo should release its IP on every platform.

Do you feel that going multi-format would solve the Nintendo's financial hit as a result of poor Wii U sales, or is he right? Let us know below.