Microsoft is not in the process of trying to buy Nintendo. Did they discuss it? Yes, obviously, any company would be idiotic to not at least discuss things like opportunities from purchasing competitors, but I read the emails, at no point did they even sound like it was something they were "trying" to do.

As a matter of fact, and this is just conjecture from me, but to me it read it like, somebody not in the gaming space emailed Phil about wouldn't it be great to buy Nintendo and Phil's response to me read like someone who got a suggestion from a boss that's a dumb suggestion, they know it's a dumb suggestion, but they need to be courteous in their response by entertaining the idea.