Nintendo quells Squaresoft rumors.
Hiroshi Yamauchi, the president of Nintendo Company Limited, recently announced in a Bloomberg Japan article that the famed company possesses no plans or aspirations concerning the possibility of Squaresoft developing titles for the Game Boy Advance or the controversial GameCube. While Yamauchi was apparently against such an agreement, Hisashi Suzuki, Square's president, has expressed a desire to develop for Nintendo's upcoming 128-bit system. Despite Suzuki-san's desire for a reconciliation between the two companies, Nintendo was seen running out of the building screaming, "you hurt me too much before," and "I don't care if you want my love back." In a rather surprising statement, however, Yamauchi did declare that his company has forged an agreement with the dying Sega corporation to develop titles for the Game Boy Advance. While no details were granted, Nintendo did boast that Sega has already begun the development of GBA software.
Yamauchi also affirmed that Nintendo's profits will balloon by 39 percent in the current fiscal term, largely due to the anticipated release of the Game Boy Advance. Nintendo has already recorded an impressive 2.7 million preorders for the 32-bit portable console and an equally staggering 1.4 million presale orders for GBA software in Japan. Forever the braggart, Nintendo boasted that one million Game Boy Advanced units will be ready for the platform's American launch in July, and released global sales projections of 24-25 million units through next year.
1/30/2001 Bryan Keers