Nintendo's President Satoru Iwata denies the music and video compatible DSi is a rival to Apple's iPhone...

Fact: the DSi is the first Nintendo console to include a camera built-in. It also provides music playback and downloadable applications. Sound familiar? Is Nintendo readying for handheld war with Apple's own game-enabled devices? Apparently not, says the Nintendo company president:

"Nintendo doesn't have any intention of directly competing with existing products, but the mass media has a tendency to portray everything as a rivalry between opposing companies. It seems some people have the impression that we want to compete with cell phones or the iPod, that putting cameras or music players in our devices is out of character for us.
"I hope those who have such an impression will take an interest in what Nintendo can make when it dedicates itself to pleasing as many people as possible who pick up a DS, and I hope they'll actually pick one up themselves."

Do you agree? Is Apple a threat to Nintendo? Leave us your thoughts below...