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Mummelmann said:

Their best bet is a comeback in the 9th gen; which might very well be possible, but not if they don't reinvent themselves completely.

Nintendo does not need to reinvent "completely" or even slightly. If Wii U had a bit more power to get current multiplatform games it would sell much more.

But even when Nintendo decides not to take a seat in the hardware race next gen the potential next Handheld/console hybrid platform will likely be a success. Nintendo will be able to produce enough games to satisfy all gamers if they can concentrate on one platform and continue with deals like Devil's Third, Bayonetta or FEvs.SMT