Gameloft had 170 mln euros revenue in 2010. All appstores, Google, Apple and Nokia ones combined made a litle over 2 billion dollars in revenue last year. Nintendo had 12 billion dollars revenue in 2010.
Apple is making a killing on iPhones, nobody else is. It doesn't matter if 3DS sells four times worse than iPhone does, Nintendo will still make far more on it than they ever could as appstore developer.
You're right.
The article says that Nintendo is facing increasing investor pressure to develop titles for the iPhone and other platforms.
Not for Nintendo to drop the cash-cow that is the 3DS.
But what happens when people stop buying dedicated gaming hardware... such as the 3DS?
How many kids will be asking for an iPod Touch for Christmas?
Nintendo's hardware sales are down. Their software sales are down. Revenue is down... that's never good news.