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My reasons why ninty should keep making their own hardware:
-usually they try to inovate in hardware more than PS and MS.(sometimes the inovation doesnt work, but is always good to see new ideas, good or bad).
-they try to compensate its hardware lack of power with good artstyle and gameplay mechanics.
-motivation. a company tends to be more motivated to make games for its own hardware.
-nintendo games follows the philosophy of the hardware. its a simbiotic relation. one doesnt make sense without other.

But they should do something to avoid their IPs to be forgoten. Maybe some deals with disney?(everybody knows elsa, but no one knows one of the main ninty characters: rosalina)