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Pemalite said:

The amount of games Nintendo outputs if all other things remained equal... Will remain the same. - But what would increase is the amount of games on a singular platform if Nintendo didn't change any development studios around and such that is.

But the other side of the coin is... What if developing for the Switch, As it pushes higher fidelity visuals than any Nintendo platform that has come before it, takes longer? You will still end up with less games.

The other caveat is that... Your entire hypothesis rests on the idea that Nintendo will NOT release another device, be it a portable or home console.

Nintendo's never been a company who's cared about pushing the limits of their hardware, nor have they cared about bleeding edge graphics. Granted a game like Super Mario Odyssey will obviously require more time and resources to make than a game like 3D Land. But the point isn't so that we get Odyssey and 3D Land on the same system, it's that we'd get Odyssey, plus some random small project the team also decided to make. 

Wasn't Labo an overpriced colossal failure?

It wasn't. This narrative that Labo is a failure is complete BS. It's been in the top 5 in Japan since launch, and was one of the best selling games in April according to the NPD. That doesn't sound like failure to me.

Isn't that just a re-release of an old game?

Yes, but let's face it, nobody played the Wii U.

Are they really big AAA console sellers though?

Not the point, point is we can get things like one big release in June, plus some oddball niche game or two accompanying it. 

Of course they will. Just like water is wet. Nintendo is a business, it makes a substantial amount of revenue from games.

Yeah, they're possibly the most prolific major publisher in the industry at the moment, and the majority of their revenue comes from the amount of games they release exclusively for their hardware. 

If the games are priced at a similar level as AAA games on other consoles, they better offer the reproduction values to match.

I mean yeah, but Nintendo can release these smaller games at a sub-$60 price, or drop them on the eShop. Just like with 1-2 Switch, Snipperclips, Sushi Striker, and Captain Toad.