Nintendo CEO Satoru Iwata has apologized for the approach the company took at this year's E3 press conference and the perception that it has abandoned the "core gamers." He tells Forbes that the feelings of neglect Nintendo fans might be feeling is a "misunderstanding" and the company wants to "get rid of that misunderstanding by any means." Iwata explains "big titles" require time and Nintendo didn't think this was the year to announce any.

The other thing Iwata's conversation with Forbes covers is the continuing Wii supply shortage in the US. The CEO expresses that Nintendo is 100% committed to having Wii be available this holiday, but can't make any guarantee. He believes the best he can do right now is say the company is doing its best to supply the States with consoles.

This article was originally published on Joystiq.

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