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Fils-Aime: iPad not affecting DS sales

"I think two products can succeed."

Nintendo of America boss Reggie Fils-Aime has denied that the Apple iPad is cutting into the DS handheld business. On the contrary, he claimed, sales are soaring.

"You know, we have not seen any impact on our DS business," Fils-Aime told CNBC's Closing Bell (thanks GameSpot).

"In the first three months [of 2010] we've set two new sales records for the Nintendo DS. We think that through April that we'll have the best four-month time period to kick off a new calendar year that we've ever had with the device.

"So certainly we're seeing momentum, they're [Apple is] seeing momentum, I think two products can succeed at the same time."

Nintendo plans to unveil its new 3DS handheld at E3 this year - something Fils-Aime reconfirmed on Closing Bell.