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The "Switch sales will drop off now they've used most of their big IPs" theory has been going since late 2017, it was wrong then and it's wrong now.
It's also a mistake to assume Switch will necessarily follow the sales trends of past Nintendo systems has it is quite unlike any of its predecessors.

Bet with Liquidlaser: I say PS5 and Xbox Series will sell more than 56 million combined by the end of 2023.