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I think the question is will even Nintendo attempt another dedicated handheld gaming system?

The market has changed. Games are becoming available on an ever increasing range of devices and the precieved need to buy a system solely for that purpose is ever decreasing.

I owned a DS but would never even consider dropping $100+ for a 3DS (or Vita). There are FAR more games I want to play on my Android smartphone than I have time to. For free. Sure I miss some of Nintendo's greats - would love to have Fire Emblem or Mario Kart - but there's tons of great games on Google Play too and more every single week. I can't keep up. No droughts here!!

If anything I figure Nintendo will launch a hybrid home/portable console (WiiU without limit to range) but even that will be too little too late as Galaxy S4 and (rumoured) iPhone 5 will allow you to play games off-TV or portable now. So in 3-4 years from now when Nintendo gets around to it, it'll be another WiiU - something that could have been cool, years ago, but now looks limited compared to what else is available. WiiU SHOULD have been that device (eliminating 3DS completely). Their next system has to go far beyond that now.

As for Sony and even Xbox I expect their future portablity will be on systems other than dedicated handheld gaming devices.