Bloomberg reports that Nintendo president Satoru Iwata stated in a press conference that the company is now considering a “new business structure” that involves smart devices. Iwata’s newest comments reveal that Nintendo is now seriously considering supporting iOS and other smartphones in some manner in the near future.

This comes after Nintendo reported a third consecutive annual loss. Nintendo also slashing the global sales forecast, changing the Wii U game console sale forecast from 9 million units to 2.8 million consoles and the 3DS portable game console from 18 million units to 13.5 million.

“We are thinking about a new business structure,” Iwata said at a press conference yesterday in Osaka, Japan. “Given the expansion of smart devices, we are naturally studying how smart devices can be used to grow the game-player business. It’s not as simple as enabling Mario to move on a smartphone.”

Nintendo has faced fierce competition from mobile platforms in recent years, with App Annie recently finding that consumer spending on games for iOS and Android rose to 4x that of dedicated gaming handhelds.

Source [macrumors]