Soundwave on 23 March 2013
Nintendo would never restructure the way Sega did. That's like a knockout Victoria Secret model having to work at a grocery store after getting divorced. No way. She'd have tons of options.
Nintendo could easily form a sweetheart software alliance with Apple or especially Google and Sony/MS would need to change their underwear. There would be many suitors jumping to bring Nintendo onboard and many relationships Nintendo could get into which would allow them to continue to make hardware and control software royalties.
Nintendo would never grovel like some cheap third party throwing their franchises out at every platform. Never. It wouldn't even make financial sense to do that.
