Everything Miyamoto said was true though.
PS4 and XB1 are racing to be all encompassing media units, but we already we already have those. It's called a PC and when the scrubs finally catch on they'll realize how bad imitator consoles are. Serviceable PCs decrease in price rapidly, Steam and similar platforms mean gamers can have access to a massive library on the cheap, and everything looks better on PC while the consoles are trying to push resolution and frame rates.
As of right now, exclusives and ease of entry are the only things keeping PS and XB brands relevant. Even then, PS4 is shitstomping XB1 WW with relative garbage for exclusives so far. With people becoming more technologically inclined as smartphones and tablets pervade daily life, it's only a matter of time until everybody starts to realize consoles really are hot garbage in comparison if they're trying to skate on multimedia and resolution.
The more familiar people become with the concepts of resolution, frames per second, and multimedia, the less appealing consoles will be over time. So every time I see Sony, MS, or any console dev talking about 1080p or 60fps like it's the absolute most important factor, I think of it as watching that jackass from the Tarzan movie cutting the vines until he hung himself. It's like a middleweight boxing champion bragging about being the baddest man on the planet, then mouthing off to 1987 Mike Tyson after an 8 ball of coke laced with gunpowder.
Nintendo is hitting some growing pains this gen, but for all the shit I give them, they're pretty damn smart. They don't need to outsell anybody as long as they're profitable. This whole event has taught them to be more self-sufficient too. They've restructured, upscaled, reached out, and built a completely new model for designing games. Their output is going to be noticeably faster than ever before going forward, to the point that they really could support themselves alone.
Also, their consoles try and do something that PCs and their little brothers of the time can't imitate. So when people realize that consoles over promise, under deliver, cost more over time, and literally do everything but exclusives worse than an easily obtained PC, Nintendo is the console that stands outside the blast radius of that Chernobyl-like situation. They've already run into it with the Smartphone so they've been working on it.
Hell, exclusives are nice and all, but the biggest movers of this gen are the multiplat games, and we've seen how quickly they will cut ties and corners for a quick buck. Look at Ubisoft, they drove their biggest franchise into the ground cutting corners. Doesn't really matter, day one it's likely made a killing. They can just advertise and spin it away, possibly blame the hardware, and still have the same mass of stooges ready to buy more garbage next year. Not even concern over the quality of their brand was enough to stop them from the pursuit of where that dollar is. If they feel the air change and think the PC is the way to go next gen Sony and MS consoles will get the same shoddy shovelware support Nintendo got.
Can we at least all agree that out of the three console makers, Nintendo is the only one that could survive a lack of third parties? With Sony and MS first parties being less numerous and geared towards AAA, 3 year production budgets and cycles, their consoles would implode.