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Soundwave said:

It's a hypothetical future if Nintendo opts to not make more home consoles after Wii U and just work on handhelds, they are certainly not in the same position Sega is in.

Sega would be the equivalent of a 40 year old former prom queen who's got 2 kids and isn't getting alimony from her deadbeat ex, Nintendo's still a Victoria Secret model, just because she broke up with her boyfriend doesn't mean Joe Schmo at the nightclub has a chance ;). She would have movie stars and rich big wigs lining up to wine and dine her.

If either Sony or MS wanted Nintendo games on their console they would have to offer up *a lot* and probably cede some control to Nintendo in the process.

Cede control?  Not hardly.  If Nintendo stopped making consoles, they'd just be another developer/publisher looking for a place to sell their games.  Without a Nintendo console to compete against, both Sony and Microsoft would automatically get a boost.  They would be in a good place.  Neither one would need to "cede control" of anything.  Microsoft, especially, would never do that.

As for Nintendo, they're not stupid.  Maximizing profit would mean being on as many platforms as possible.  The one property Sony might go after hard would be Pokemon, though I suspect Nintendo would take it to iOS.

The alternate future you're painting might sound wonderful for Nintendo fans but it makes very little sense.  The most likely scenario is that Nintendo games appear on both Xbox and Playstation brands.