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Switch sales have not even close to peaked.  Take next year for example.  What else are people going to buy?  The Switch is the only new viable product on the market.

On top of that most small-medium size developers are developing Switch games right now.  They can save on development costs if they make a Switch game and they know Switch has a huge (and growing) install base.  These are the same types of devs that made games for the 3DS and Vita.  They are there every generation.  We are still mostly waiting for them to make their appearance on Switch, but they are coming.

Switch sales are still in slow mode.  But the caterpillar is just about ready to come out of it's cocoon.  A big flood of third party games is coming and first party support will continue strong as always.  At the same time Switch has no viable competition until the end of next year.  Expect Switch sales to continue to accelerate.  Switch still has a lot more life left in it.  We've barely just scratched the surface of what Switch will become.