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Maris said:
So we have a majority of the industry hemorrhaging money to create games, but it's Nintendo's business model that isn't working. Right on.

Starting with the 3DS, Nintendo has shifted to a model of selling systems at a loss, to be able to compete.  The Wii U also sells at a loss.  Nintendo's business model is following that of everyone else.  It is also at risk of losing money to.  So Nintendo has abandoned its business model of the past.