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Did the DS stop selling when PS3 and 360 came out?

Did the 3DS stop selling when PS4/Xbone came out?

The Switch does not depend on AAA third party games or being graphically competitive drive sales, so PS5/Nextbox won't really affect it. The only thing that can derail the Switch now is if Nintendo themselves fail to maintain its momentum with price cuts, hardware revisions, and killer app software.