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:: CNBC Miyamoto Interview ::

Reporter: So, what's your plans for the future?

Miyamoto: My plans have always been to create fun entertainment. To that end, I want to create new ideas that would achieve that, like the GBA and GC connection.

Reporter: What are your plans for the GBA and GC connection?

Miyamoto: Our plan is to use it in a unique way. In the past, players had to look at the same screen, which give the best players the advantage. Now there is none of that with the GBA and GC connection. This allows a type of strategy and gameplay that no one has seen before. We at Nintendo and hopefully everybody else can take advantage of this.

Reporter: Sounds expensive.

Miyamoto: Not really. Gamers are not actually starting at zero. Most people that have a GC have the GBA anyway and most GBA player are thinking about the GC. We are just taking advantage of this.

Reporter: There is some worry because with the N64 there were many games coming at first and then it slowed down to a trickle. Will that be the case with the GameCube?

Miyamoto: There was a problem but that will not happen with the GC. We started development on GC games a while back and we hope to have 20-30 first and second party games out by next Christmas.

Reporter: What are Nintendo's online plans?

Miyamoto: We at Nintendo feel that online gaming is not yet profitable but that does not mean we will not make online games. We will experiment, test it and see just how profitable it would be. Until it is profitable, we will not make online a priority within Nintendo.