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Yerm said:
outright admitting that they arent working on new hardware is a bad sign. it takes years to develop a console, and the PS5 and next Xbox could very well launch next year. if that happens, game devs arent going to care about the bottom line, the Switch is going to be left in the dust.

PS5 and Nextbox won't be getting released until October 2020 at the earliest. By then Switch will be almost 4 years old. And it'll have a better library than either one of the new systems. Add in a hardware revision and/or price cut to $200. Switch would slaughter those other two systems in sales.