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I think Nintendo this gen wanted to attract new gamers with casual new IPs, and they have made many of those, while keeping their old user base with their old franchises. With Gamecube also they had the problem of low sales, so they had to mantain a conservative strategy, so they made mostly old franchises. While on GBA and N64 from what I remember there were many new quality IPs (like Golden Sun/Advanced Was on GBA, or like Paper Mario, Banjo Kazooie, Conker on N64). The 3DS looks more mainstream focused so far so I think we will see something new on it, Steel Diver looks already interesting, also Kid Icarus Uprising looks good (even if it's not formerly a new IP).