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animegaming said:
what exactly happened that caused that to happen?

Constant inconsisenty from Nintendo these past 3 years. lower hardware shipment numbers (from their own projection), lower software numbers, lower profits (now losses), repeat.

In terms of bad economic times, Nintendo achieved record earnings(profits), record sales and shipments in 2008 and 2009 which were the depths of the housing collapse...so you really cant blame that.