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From another thread:

Personally i don't believe the "back in the race" is towards something specific like the home console segment. Given his past comments of casual gamers and EA's comments saying it won't appeal to PS4 gamers and that NX is to upgrade mobile gamers, the "race" is talking about is something more generic, as in, Nintendo is again a serious competitor in the gaming industry (both mobile and traditional gaming) with NX.

 

EDIT: the EA part is actually not from EA itself, but from an unnamed developer MCV spoke to.