Nintendo's Iwata named among top CEOs

Nintendo President, Satoru Iwata, has been named among the world's top CEOs, thanks to the success of Wii and soaring stocks.

Barron's Online, an overseas financial publication, has ranked some of the world's best/most respected CEOs, and joining the likes of Rupert Murdoch is Nintendo's Japanese President, Satoru Iwata.

The publication wrote of Iwata: "Little more than a year ago, it looked like game-over for Nintendo as Microsoft and Sony duked it out over the next generation of gaming consoles. Iwata, 47, changed all that with Wii. The strikingly innovative console converts body motions like the swing of a tennis racquet into actions on a screen. Meanwhile, Nintendo’s Brain Age, aimed at boomers fearful of losing mental acuity, has be-come one of America’s top-selling games.

"Result: Kyoto, Japan-based Nintendo’s earnings are jumping and its cash hoard has swelled to more than $6 billion. Iwata, a former game developer, says his strategy is simple: 'We are not fighting against other companies—we are fighting against ignorance of video games.' Certainly, no one is in the dark anymore about Nintendo’s potential."

Yeah how. He sounds smart

Who, Iwata?

He's the Nintendo President - obviously he's smart.

duh

Shiggy still rocks though, he feels sorry for 3rd pary developers so he is helping them out now.

How nice

He is trying to buy a ticket into heaven!

He already bought FOUR!

gimmegimmegimme!