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Yes it's right. The op is great but a bit misleaded. The first mistake is to forget about the portable scene. Nintendo keeps the cash flow with their portables. NES, SNES, GB,, GBA, WII, DS and Switch are business choices of old nintendo. N64, GC, WIIU and 3DS are business choices of the new nintendo. Ironically, these have Miyamoto's involvement.

Explain. How are NES, SNES, GB, GBA, Wii, DS, and Switch business choices of old Nintendo? How are the other consoles choices of new Nintendo?