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To give my personnal global answer to the question : Why does Nintendo strike back in a so powerfull way now with the Switch :

It is because, the young players who discovered Nintendo in the NES/SNES era, so the 3/4th gen, when they were 6-12 years old, these players are now 30-40 years old so they are in the age to be the current dev and the executive managers at Nintendo, they want to revive what they have known in their childhood and they might be directly responsible of the level of quality that we see today.