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Nintendo hardware was likely going to decline no matter what next cycle anyway I think. The only thing that's going to stop that is if they can come up with some new type of hit IP equivalent to what Pokemon was in the 90s.

Now that they have basically four business pillars coming

- iOS and Android Games

- NX/"traditional" Nintendo platform

- Quality Of Life products

- Movie/Television licensing (Mario CG movie, Zelda Netflix TV series, more to come?).

I suspect a deal with Nintendo and either Disney or Universal will be forthcoming to have Nintendo based attractions at theme parks soon too. It's a natural fit.

NX doesn't have to carry the company. It just has to be make a nice sized profit. I think Nintendo already knows their dedicated hardware could likely continue to decline in the next 5 years. That's why they are branching out aggressively into other areas like iOS/Android development, allowing for movies/TV shows to be made of their IP, and making a new division for QoL.