Things are not going well for Nintendo these days. There are two articles worth reading on the topic:
The 3DS is facing some stiff competition from iOS and Android games, and the cracks are beginning to show in the once impenetrable barriers that Nintendo had surrounding their precious handheld market. While I do not understand how iOS games and Android games can truly compete with triple-A titles (especially first-party ones), that is only a small part of what I want to talk about.