1 reason they unfortunately won't
They are catering to ever decreasing number of core fans that value their first party above Sony's first party and third party. Their games are highly profitable because they never lower the price because they only come out with one in each major franchise per gen BUT that's not enough to appeal to the wider audience. At the end of the day you can't ignore trends and the retention on Nintendo systems from gen to gen just keeps going down for their audience. 60 to 40 to 30 to 20 to hopefully maybe 15m for WiiU (ignoring the casual appealing Wii which is safe to say we won't see that again).
Sony has a massive audience that will buy it up every gen and they have a ton of big releases almost throughout the year. Nintendo you wait for those 1 or 2 gems that just aren't enough to sell systems anymore to the wider audience.
The more that Nintendo fans from the 90s grow up the less that core group will buy. Sure some will get it for their kids but it's not enough to make up for the big number that just stop buying systems or Nintendo systems at least. I've seen it first hand to go along with these overall numbers. 6 different college roommates used to have N64s or even Gamecubes and they just don't wanna spend money on Nintendo anymore. They're happy with an occasional emulator romp or something but they're sure as hell not buying a WiiU.
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