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The Nintendo Fanboy Oath of Denial:

Never, ever acknowledge that smartphones might be having an impact on Nintendo's business. How could it? Can you play Mario Kart without buttons?! Why would you even want to? Nintendo just needs to release Wii Sports 4!

The irony here is that Nintendo fanboys have become like PS3/360 fanboys who thumbed their nose at the Wii early on "that's not a real game console! How are you supposed to play Virtua Fighter on that?". It's funny how it's come full circle with Nintendo fans now making eerily similar put downs to iOS/Android games. 

I think by now even Nintendo's management knows the truth, that iOS/Android gaming is impacting them massively by offering easy to play, NES/Wii style pick up and play games for a much, much lower cost and they need to make major changes now if they are to make profits in the modern gaming industry.