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Nintendo just has an extremely loyal fanbase. If it had literally no games, zero games, it'd still be selling. 

When the 3DS was released, before the price drop to $169, it didn't sell to Nintendo's expectations, but the system still sold fairly well.  There was literally nothing of interest up until that time and it was doing pretty good.  The Vita comes out and there are good games, but the system doesn't sell. 

Good games with fewer games released = no sale.  More games whether they're good or whether they're massive amounts of shovelware = take all of our money.