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Scizor_99 said:
I think his argument is a bit of a stretch. The DS wasn't what you would call a "third pillar". Yes - it was an unconventional handheld - but it was intended to be the GBA's true successor and Nintendo largely moved their support to it from the GBA. A "third pillar" is a third product; something that is unique to and stands apart from a console and a handheld. The QoL product Nintendo mentioned is exactly that.

I'm not sure where Tom McShea got the idea that QoL would be the Wii U's successor, or even a video game device at all. Nintendo was kind of cryptic in their investor meeting, but I thought it would be pretty clear that QoL would exist alongside future consoles and handhelds and that they would continue to make consoles.

Exactly. They clearly mentioned that the QoL will be a seperate branch of Nintendo.