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Price drop and no new games announced covers it better.
no new games yeah, but the ones announced are very japan-centric. Price drop coupled with that...isn't that what Nintendo did with 3DS to massive success?
Nintendo had a price cut along with the release of Mario Kart 7, Super Mario 3D Land and Monster Hunter 3. The Vita has nothing that even comes remotely close to those titles in terms of sales and how big they are.