I own Nintendo stock and I think they should rather fire Miyamoto.
what new ip did Nintendo create in the last 10 years? They created Zelda, Mario and Metroid in a single year back in the 80s.
What did happen to their franchises? Metroid? Dead with the latest game I guess. Zelda? Games are getting worse and worse, more and more resembling graphic adventures. Mario? Powerful franchise, but the core is in decline as well. New Super Mario Bros Wii was the best selling title, where's the next one? Instead Nintendo is wasting money on super expensive orchestras for Mario Galaxy. Well, Nintendo deserves a lot of critic, but let's not forget that the company has now 75% of market cap in cash (current assets - total liabilities). And let's not forget that the 3DS is a flop already, but does not have the piracy issues of the DS. Lowering the price keeps off the Vita and the 3DS is loosing to the PSP for now as the PSP is much cheaper, has cheaper $10 "essentials" games and a slightly longer battery time than the 3DS. As there won't be that many more games for the PSP I think the 3DS will defend the >60% handheld market share.