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1. The hardware is essentially an entire generation behind.
2. The third-party games generally don't sell well to what is ultimately an audience of two bases: Casuals and Nintendo-only players.
3. Nintendo's third-party relations are weak, and factors #1 and #2 would make good third-party relations mostly pointless anyway.
4. They definitely do have multiple cases of paying third-parties for games, such as Monster Hunter. Furthermore, they have a history of hiring second-parties, and that trend is actually increasing nowadays.