Seems like they saw how much effort a good version would need, plus the gap it would have with other versions, Plus limited sales, plus new console and decided it had bad return of investiment.
It isn't a Lie unless you prove that when they said it they knew it wasn't their intention to meet. Seems like no one here ever missed a goal.
duduspace11 "Well, since we are estimating costs, Pokemon Red/Blue did cost Nintendo about $50m to make back in 1996"
http://gamrconnect.vgchartz.com/post.php?id=8808363
Mr Puggsly: "Hehe, I said good profit. You said big profit. Frankly, not losing money is what I meant by good. Don't get hung up on semantics"
http://gamrconnect.vgchartz.com/post.php?id=9008994
Azzanation: "PS5 wouldn't sold out at launch without scalpers."