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It will be too late ps4 and xboxone will had by this time a strong install base and library of game and will be not expensive to make so they can make a price cut when the new Nintendo home console.
It's better to Nintendo to wait the 9th generation and make a console as powerfull as the next Xbox one and Playstation 5 and try to attract both gamers Hardcore and Casual.



PS4 - over 100 millions let's say 120m
Xbox One - 70m
Wii U - 25m

Vita - 15m if it will not get Final Fantasy Kingdoms Heart and Monster Hunter 20m otherwise
3DS - 80m