RolStoppable said:
Exaggerated and overdramatic.
Nintendo did not have only the Wii U during the previous generation, but also the 3DS. If Switch had failed in the home console market, Nintendo could have focused on their monopoly in the handheld market by releasing a cheaper hardware revision to salvage their business pretty easily, so Switch was never a case of make or break.
Despite a poor financial performance last generation, Nintendo had hardly touched their cash reserves to get through the rough times. Nintendo was not on the brink of reaching their end as a hardware manufacturer, because they had enough money for more than one try.
Reggie is a marketing guy first and foremost. The story of the phoenix rising from the ashes sounds amazing, but the reality wasn't even remotely as dire as he described. |
Yeah, but stories like this makes it more interesting for the reader - and increases visibility as the media makes typical "Nintendoom" headlines. If Wii U had been a success, Reggie would say the same about Wii U.