
Nintendo previously stated that they planned to release The Legend of Zelda: The Ocarina of Time 3D this year. During the GDC keynote, Nintendo Satoru Iwata narrowed that estimate down a bit.
Iwata (via Shacknews) mentioned off-handedly that they "hope" Ocarina will be out in June. In other words, even Nintendo doesn't really know yet. Still, at least we know the general time of year they're shooting for.
Nintendo has big first-party software plans for the 3DS' first year. On the 3DS' North American launch date of March 27th, three Nintendo-developed games - Steel Diver, Pilotwings Resort, and nintendogs + cats will hit stores as well. They also plan to release Star Fox 64 3D, Kid Icarus: Uprising and a new Mario Kart by the end of the year.
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