The 3DS also got an $80 price reduction which caused the company (in part) to post its first loss in its 100 year history. Are they going to to do the same thing with Wii U? My guess is no. Iwata was allowed to do that one time, he will not get the same leeway to do it twice.
And they secured Monster Hunter as an exclusive, which huge console IP can Nintendo do the same with and actually have release any time soon?
I think this is more that the Wii fad burst a long time ago and Nintendo just going back to their consoles being niche products, which was the trend before Nintendo struck gold with motion gaming.
Nintendo handhelds have been consistently popular all the way through, but the consoles were on a declining path, the "miracle" of the Wiimote basically masked that for about 4 years.
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