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While the declines are normal for systems 7-8 years old (in fact they all have fantastic life for such old systems, even Wii) 30+% drops yoy for 3DS/Vita are very worrying. Those should be seeing YoY gains for at least two years after launch, or at worse flat sales. I'd wager tablets/smartphones are killing the mobile systems and they will only continue to drop barring price cuts (which will give a temporary reprieve),

WiiU's troubles are not necessarily indicative of a shrinking of the (traditional) console market but I do think that's likely to happen as well.