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Viktor said:

Inform yourselve first before making baseless assumptions op. Nintendo actually makes quite a decent amount of new IPs on a regular bases, on top of that they have a large amount of successful IPs a lot of people actually want sequels from, no point in neglecting even the popular ones. In general new IPs are only created to replace the previous ones when they aren´t successful, just look at Sony, whenever they have a somewhat successful franchise they milk it and milk it and milk it, case in point Little Big Planet, Gran Tourismo, God of War and Uncharted just to name a few.

What baseless assumptions have I made?

Nintendo have made two new IP's for Wii U in two years. Nintendoland has done okay, W101 bombed. That isn't going to attract many new customers to their console. Therefore, for such a strategy to work, existing franchises have to be increasing in popularity for Nintendo to retain or increase their userbase. They aren't (apart from Fire Emblem!).

So what it comes down to is that there is absolutely no way Nintendo can be successful without creating new IP's. So why are they creating so few? Are they incapable?