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Soundwave said:

There's no PSP/Vita or Microsoft handheld likely to worry about in the future, so Nintendo can contrast themselves to the iPads/cheap Android tablets by offering much meatier gaming experiences that can be shared for home play on a whim too. That proposition at least makes some sense and differniates them in the portable space. 


Issue with that is, streaming console games to tablets or phones eliminates much of the sales potential for them.

Also it would take a massive investment on software to give it a chance at market success, but the risk could really hurt them if the hardware pulls a wiiu.