Nintendo Won't Release New Video Game Console -Nikkei

[OB1]

This is quite the contradictory article though, eh? From IGN:

February 09, 2004 - During a recent interview with Nintendo Official Magazine Europe, Nintendo designer and director Shigeru Miyamoto commented on a number of hot topics.

The figurehead acknowledged that the company is already in development with the successor to GameCube and said that it would enable Nintendo to realize "brand new and enjoyable ideas." He refused to comment further on the machine.

Queried on the status of Mario 128, Miyamoto apologized for not being able to divulge much on the game. He went on to say that with the game Nintendo is creating new elements not found in other titles and that if the publisher was to show them off they would be copied by competitors.

Finally, Miyamoto reiterated that another Legend of Zelda: The Wind Waker game was in development and that details would be revealed later this year.

This is how I see it:

a) Nintendo is just saying that they won't release the N5 soon because they want to fool MS and Sony, and will have it out at the same time as the PS3 and XB2.

b) Nintendo is being stupid and will release the N5 a year or more after the PS3 and XB2, using lame peripherals to add more life to the GC.

c) Nintendo is quitting the hardware business and Miyamoto made this comment before he knew that Nintendo was going to make this announcement.