Nint could've done better with the specs, seeing ps vita it has a powerful cpu. Neverthless the new 3ds isnt that bad.
It's not really about what they could have done, rather the 3DS at that time if you recall didn't sell so well and there were news articles about the company's loss on it. The situation was no different than how dead and dry the PSVita is right now, the cost of manufacture and hardware to make it as affordable since their target was always the younger audience, you'd think they'd learn by now that Ninty's younger generation from the GBC days are now in their 20's so it's time to up their marketing strat and hardware.