Doesn't matter that it's only a blog. If Forbes puts their name on it then it tacitly endorses the content. There isn't even a disclaimer at the bottom of the post. This sort of amateur hour industry analysis diminishes the Forbes brand.
Each console has to be put into it's proper context. Wii U is doing terribly, and as Nintendo handhelds go 3DS is underperforming. Nintendo can, and probably should, push through this bad patch in the hardware game. But they should learn a lesson here and their next home console should do much more than merely cater to the 20 million or so strong core Nintendo fanbase. Nintendo actually has to grab some of that market to which only POS and XB seem to be appealing right now if it wants long term and multi-generational sustainability. it doesn't take long to burn through $8 billion .
But Nintendo may be running out of time, the writing is on the wall for gaming consoles. The age of the streaming device is fast approaching. Onlive was proof of concept, and it worked pretty well. PS Now is one of the big boys getting into it with a good chance of success. And Valve will be there too. Before long everyone is going to make a cheap box that can stream gaming content. Nintendo, will simply be another game developer, as will Sony, though no doubt Sony would still make streaming hardware as they already do.
“The fundamental cause of the trouble is that in the modern world the stupid are cocksure while the intelligent are full of doubt.” - Bertrand Russell
"When the power of love overcomes the love of power, the world will know peace."
Jimi Hendrix
