Piggybacking off my last post in this same thread...
The decline in 3DS sales in Europe and the U.S., paired with the lower than expected Wii U sales per Nintendo's own projections, is why Nintendo shares keep hitting new 52 week lows, despite the seemingly strong global 3DS sales and pretty strong Wii U launch figures.
The declining trend for 3DS in the U.S. and Europe seems to be why most investors predict Nintendo will eventually become a Software only company like Sega.
There will always be a market for a dedicated handheld gaming console, but as Smart-Phones & Tablets trend upwards and iOS & Android gaming improve, the dedicated handheld console market decreases.
Now, also note Nintendo initially projected 18.5 million global 3DS sales from April 1 2012 - March 31 2013, then in October they slashed this projection down to 17.5 million. Right now they sit below 11million (starting from April 1 remember), so they will fall well short of the slashed projection of 17.5, and will revise down to around 15, perhpaps not even meeting that number.
The projections for 3DS were made with growth in mind for Europe and the US. Now that they see the big decline, their business strategy on the whole must change dramatically. In the short term they'll have to do the best they can to keep up 3DS sales.
In the long-term - they need a game changer. Badly.
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