It's true.
I mean I've been with Nintendo for the Gameboy, N64, Gameboy Colour, Gamecube, GBA, DS, Wii, 3DS... but they're loosing me. They just seem so out of touch with how the industry works nowadays.
They really need to find their audience, if it's not us anymore with all our nostalgic cravings for the franchises we grew up with then fine, but right now they're targeting/appealing to next to no one and it's sad to see.