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Wyrdness said:
PAOerfulone said:

If Smash 5 was in development, we'd know about it by now. They usually announce something is huge as a new Smash Bros. game WELL ahead of time to build up as much hype and anticipation as possible (remember the Smash Dojo?)

Brawl was announced in 2005, revealed at E3 2006, released in 2008. 
Smash 4 was announced at E3 2011, revealed at E3 2013, released in 2014.

If they announced Smash 5 now, I wouldn't expect it until 2020/2021. 

Brawl was a different era, the only Switch game we knew of a year in advance before this year was Zelda, we didn't know of Mario, Arms, M&R etc... yet they all came out this year what you've said here is not really concrete, Metroid 2's remake was only announced 5 months before release even Doom was only announced a month ago and is out in December so an announcement doesn't mean years away.

Nintendo are more strategic today than before, MK8 got a port because it was only on Wii U while Smash IV how ever is on both 3DS and Wii U it's already got a version on another platform and has sold 13m units in total which beats Brawl's sales and is the top selling entry the game has met previous sales expectations unlike MK8 despite the latter's 7m units. A port may have been an option if the Switch struggled but I don't think it is now its taken off, I can only really see Smash 5 now as a ground up new Smash will be more attractive than another port.

Grand Theft Auto 5 sold 22 million on PS3 and 16 million on 360, for a total of around 38 million, 30 million by the end of 2013, which was well beyond the previouis best selling game in the series, but that didn't stop RockStar from porting it to PS4 and Xbox One for another combined 23 million, the PS4 version looking like it'll match or eclipse the PS3 version, but it won't matter to them, because they're looking at over 61 million copies of Grand Theft Auto V in total.
http://www.vgchartz.com/game/65883/grand-theft-auto-v/

And recently, it was announced to have shipped 80 million and still going strong. https://www.gamespot.com/articles/red-dead-redemption-2s-new-release-window-narrowed/1100-6450270/
Chances are, it's already surpassed Wii Sports as the best selling game of all-time.

Now what does this have to do with Smash Bros.?
Because if there is demand for a port, and there most certainly is for Smash 4, then if Nintendo makes it, it'll sell. Why settle for 13 million when they could go for 20 million with a fresh, definitive Smash 4 on the system everyone and their grandmother is talking about now?

Nobody was asking for a Mario Kart port NEARLY as much as Smash Bros. but look how great MK8D is doing. Because not everyone bought the Wii U, and I'm almost certain Nintendo was expecting far more from the Wii U version than what they got. They got what they expected from the 3DS version, but they must have surely been disappointed with the Wii U version's performance, especially since that's THE version of Smash 4 in everyone's eyes. It hasn't even caught up to the original game on the Nintendo 64, let alone Melee, https://www.nintendo.co.jp/ir/en/finance/software/wiiu.html
Those are lost sales that I'm sure Nintendo wants to get back, Mario Kart and Pokken are proof that fans are more than willing to double dip for a good port on a recent platform, and there are millions of others on other platforms, not just Grand Theft Auto V.