The only thing that truly makes sense in his statement is the fact that his companies "we go forward, not back" policy would prevent them from making a game for the Wii. It is true that the Wii is a huge step back compared to the 360 or PS3. It's pitiful how underpowered the Wii is to be honest.

Other than that, most decent systems are sold due to word of mouth. Maybe some people go on advertisements alone, but those people aren't worth the oxygen they use to start off with. On top of that, the reason for the almost complete lack of great third party titles on the Wii is due to people just like himself. Too stubborn for their companies own good. With an install base that large you'd think they'd be crapping themselves over the possibility of releasing a game that costs less to develop yet will potentially yield higher sales.