The problem is that if they DO go that route, ninty will be on thier rails with probably a stronger console within a year or so, cortesey of nvidia being in the lead for powerful mobile chips(the only one who has comperable chips is apple), considering that it would take a couple years of tech to sucessfully make a backwards compatable ps4p at a round 400 dollars.
They will probably lose 3rd party exclusives to ninty since power levels will be similar.
They would be leaving MS to dominate the high end console market.
Which means, in the end, what will matter is first party exclusives. And to be blunt, ALL of sony's first party COMBINED would barely match zelda in terms of popularity, and zelda is only a 2nd tier franchise in japan. Pokemon, by itself, has ALWAYS been the MAIN driving factor in ninty's dominence in the handheld market. And sony can't hope to match that. Not when sony's ip recognition is equal to metroid at best, and metroid is arguably the weakest franchise in ninty's first party lineup.
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