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Called it ^^.

And for everyone saying "Oh, but Nintendo will be fine due to 3DS sales and that huge pile of money"....not quite true.

R&D of a new console should take years and billions. Most companies do this with either money coming in from their current console, or other avenues of vast profit/capital. Sony is huge, and MC is MC. Nintendo only have this one pile and they have not even started any R&D meaning they would have to take a break for 3+ years before they could solve this problem...which would cost them their fortune.