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I don't see a problem with Nintendo releasing new hardware at all. Hell, the majority buy new technology every year... They're called Smart Phones and Tablets.

Apple and Samsung shell out new upgrades of smartphones and tablets every year, and people turn the cheek to them, but if Nintendo does it, it's a stab in the back to their fan base... And Nintendo waited 4 years to come out with a successor.

Competitors do it. Nintendo has new competition: The Mobile Market, If you don't like it, stop buying upgrades to your tablets and phones every year. It just a form of the old saying "Evolve or Die"!