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Poor console sales are weighing on the video game giant

Nintendo (PINK: NTDOY) has had a good summer. Nintendo stock jumped up +6% following the announcement of their new glasses-free, stereoscopic 3D handheld gaming machine — the Nintendo 3DS — this past June. And while NTDOY stock prices have dropped from that high over the course of the second quarter, Nintendo has stayed relatively firm between $33 and $35 per share for a year-to-date gain of over +13% in 2010.

But the future is uncertain for Nintendo stock. This week, NTDOY sent out a press release announcing its software line up for the remainder of 2010. While there doesn’t appear to be a runaway hit in the vein of last year’s New Super Mario Bros. Wii, which has sold 15.8 million copies since it came out last November, their line up is deep. Both internally developed games and third-party products crowd the schedule

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