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Nintendo's big mistake was releasing the console 1 yr too early. They could have followed their same strategy, only with a much better optimized OS, more power, and games. Yeah the Wii was dead, but Nintendo should have just rode the 3DS until holiday '13.

But this is no gamecube situation, that was coming off not just a dethroning but thorough ass beating by PS1, and its rep at that time was low. Nintendo has a much better brand today, and will turn it around among its hardcore, families, and even casual fanbase once they promote it heavily. Its a great console once you play it, I have no doubt about it having a successful run (50 mil).