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This says nothing, really. What actually happened is most kids had grown out of the franchise by the time RSE were released. And the fad had simply died down. RSE were still the best selling games on the GBA, however the GBA itself was not as popular as the GB/GBC. Pokemon is still as healthy as ever, it's simply lost the fad status it once had.
That seems reasonable. While everyone screamed with joy over Gen II, a lot of kids grew out of pokemon when Gen III was released. And as of Gen IV, new kids started to like the series, and as on Nintendo DS, the older fans who can afford the device are back.