In theory, you are correct. However in reality, we're still seeing very strong 3DS sales. In fact, even with supposed competition from the iPad and Android tablets, more people have bought a 3DS during its first 19 months on the market vs the original DS (and that was *without* competition from tablets!). Just because the Vita is flopping right now, that doesn't discount the 3DS's success. 21 million units in 19 months might pale in comparison to iPad sales figures, but historically for the portable gaming market, it's fantastic.
Maybe instead of hurting 3DS sales, the iPad could actually be *helping*. Perhaps parents would rather buy their children a $180 3DS instead of a $500 iPad.

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