I have a crazy theory that will probably get me crucified 
Nintendo, differently from Sony and MS, is a two product company, games HW and games SW, so it can't afford mistakes and after the fast growth caused by DS and Wii would suffer badly a new near monopoly of either its competitors. So it's slowing on purpose, to help both of them and avoid that putting hardcore in dire straits only one of them could prevail, clearing its road for a possible strong leadership next gen. Nintendo goal could be to be leader, but with a share that lets both MS and Sony have a share greater than 25% and stay healthy enough to fight each other. Only if one of them should prevail in an overwhelming way on the other, Nintendo would be forced to try to crush it.
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