Nintendo tried to sweeten the news of its dramatically disappointing financial results, announced earlier today, with a pre-emptive price cut of the 3DS, but the outlook for the company is still grim. Adoption of the 3DS has been underwhelming, with a mere 830,000 sold in the US since its March 2011 launch. The specter of the PS Vita has been name-checked by many already today as one potential reason for consumer reticence, but there’s more to Nintendo’s struggle than Sony’s incoming uber-handheld.














