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Well... there have been announcements that may bring some exciting content to it.

Wether it will plummet on sales or not is something i am curiously waiting to see. But, i do agree in essence that it is still a Nintendo box and 3rd parties can't really bet on it due to power constraints.
With that said, the system does atempt to merge the dwindling Nintendo home market with the much bigger Nintendo portable market.

If they can sucessfully capture that portable market, the i see the Switch doing about 60-70M lifetime. But, i don't think it will rival the PS4.