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Player2 said:

Running the business in damage control mode like the 3DS/Wii U days, but this time making money because the Switch was designed to do so since day 1 on the market.

This is a very interesting point. Let's say the Switch failed, and sold between N64 and Gamecube numbers;around  30 million lifetime, which would be a disaster. (No matter how bad it went, the Switch was always going to outsell the Wii U)

If Nintendo can still make a profit on their hardware division who is to say they will not just keep with "business as usual"?

Even if Nintendo's consoles flop what matters in the end is whether they make a profit or no. If the Switch manages to be profitable even with bad sales I expect Nintendo to just behave like they are doing now, just with lower sales.

The only question here would be if Nintendo going third party would mean more overall profits but I think if a bad selling Switch is profitable the answer is no.