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RolStoppable said:
Nintendo will still be alive and kicking. Despite an atrocious eighth gen showing, they've mostly eliminated Sony from the handheld space already.

Additionally, their financials are on the rise again, so it isn't even up for consideration to bow out of the home console space. And due to the unique characteristics of the video game business (new system means a reset of perception), the Wii U's failure doesn't dent Nintendo's image all that much.


Sony eliminated themselves from the handheld space.

@OP

Nintendo's current position in the market is in no way comperable to SEGA circa 2000-01. Nintendo has a highly profitable handheld to fall back on as well as several popular game franchises. That being said Nintendo has to make some radical changes to their approach to console gaming in order to remain relevant to the market. They can not bank on getting lucky again and they certainly can not count on the competition getting complacent and reckless *cough* PS3 debacle *cough*. What they do need is a major overhaul of their online services as well as the hardware (better specs and standard PC architecture), development tools and whatever else it will take to finally win over at least a portion of third party developers. Beyond all of that it certainly wouldn't hurt if they managed their secondary franchises more carefully.