Nintendo hopes that the 3DS will help kick-start a new cycle of growth and also remind people that well-crafted games are still worth the money.

WSJ: Nintendo's Chief Defends 3DS

It will be innovation more broadly, and new technologies across all sectors of our economy, that will create long-term expansion for the economy and a new great cycle of job growth.(See The Next Great Growth Cycle.) Manufacturing is coming back, and is being revitalized by advancing technology from the full infusion of information technology to the seeming magic of emerging 3D printing.

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Even with the investor concerns that have mounted as of late we believe most agree that the company has brighter secular prospects than typical value tech. (But) the most recent product cycle has not driven the market share and new user growth we had anticipated, and we believe Apple may find it difficult to hit consensus expectations in the March and June quarters.

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