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They don't adapt well to change, be it in game market or in their sales.

They have become incompetent as far as consoles and with the exception of the waggle fad, they are on a decades long downward spiral into irrelevance. And flat out refuse to do something new to change it while plodding along with the same games. Id love a FPS or Sim like racer from Ninty, but they think making yet another Mario is the right thing.

Their high forecasts are part arrogance and part ignorance, they refuse to see reality.