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It's not really a great thing long term even if it nets Nintendo short term profit.

The GBA really hurt the DS early on too. Nintendo needs a good start for Switch, a more competetive, relevant 3DS which is much cheaper and has tons more games and all the Nintendo IP doesn't help the Switch, Switch has enough things to worry about between tablets/smart devices and trying to be positoned as a "home console" in a world where PS4/XB1 are in their peak. Having to also sell against the 3DS is another headache that's unneccesary.