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Nintendo has long and hard road ahead if they want to remain relevant in the console space. They need to find a way to develop a platform that's conducive to 3rd Party titles as well as their own. Modern games simply take too long to develop for Nintendo to support a platform all on their own. Because of how badly their relationship with third parties has atrophied, they are going to have dip into their war chest a pony up the bucks. Especially with Western Devs which they've lacked since GC era by in large.

Nintendo needs to form first party development studios and second party developer partnerships in Europe and North America to supplement their titles from Japan. Online is a major part of modern gaming. Nintendo needs to wake up and take it seriously. They need to find a way to retain what they are while appealing to the fans that they've lost. It's not going to be easy. I hope they pull it off, but I'm not optimistic.