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sethnintendo said:

I agree on new IPs (they have a lot of new IPs on 3DS eshop but not too much at retail, still more than people usually assume).  However, I disagree with you on core consumer base.  How has Nintendo yet to prove it has a large core base when their IPs outsell Sony and Microsoft IPs by a large margin.

Nintendo IPs sold well when the hardware did well. You can hardly say the same for the GC. 

Look at how NSMB Wii-U is doing when 2D Marios where supposed to have an Apple-like appeal when it comes to sales. 

Also, a polarized user base where the most of the top games are all owned by a single company isn't exactly an attractive environment to other devs, is it?