The difference between home consoles and handheld consoles were getting smaller and smaller. If you look at the 3DS and Wii U library you will notice that the software was starting to look the same. I mean we got a few Wii U to 3DS ports.
The Switch is all about improving the software pipeline. Instead of making two Mario karts per generation we get one and an new ip. This allows a bigger chance for the new ips to come out and become big. An example is the Animal Crossing team. Instead of making Animal Crossing on the Wii U (which won't well) they made Splatoon. Splatoon became bigger than any home console Animal Crossing. Nintendo did it again with the Mario Kart team with Arms. Expect more new ips coming from Nintendo this generation because they are aiming for huge success.
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