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@HyrulianScrolls

I agree with @super_etecoon on the lifespan interpretation. While it's true that Nintendo saying the Switch was in the middle of its lifespan in 2021 could mean a successor is a long way off, their statement is too vague. And middle does not mean 50 percent, at least not entirely. The Switch 2 could release at any point in 2024 and Nintendo's statement is still true. The Switch will almost surely stay in production a bare minimum of a year after its successor launches. It will probably even be more like 3-5 years.
The Switch 2 could launch in Q3/Q4 2023, and the middle of life comment would still be true.
A piece of hardware's lifespan is almost always longer than the time from its launch to its successor's launch. The Wii U is one of the few exceptions. It was discontinued on January 31, 2017. That's a little over a month before Switch launched. The GameCube also had a pretty short lifespan. Not as short as the Wii U, but it nevertheless was discontinued in February 2007. (about 3 months after the launch of the Wii).



Lifetime Sales Predictions 

Switch: 151 million (was 73, then 96, then 113 million, then 125 million, then 144 million)

PS5: 115 million (was 105 million) Xbox Series S/X: 57 million (was 60 million, then 67 million)

PS4: 120 mil (was 100 then 130 million, then 122 million) Xbox One: 51 mil (was 50 then 55 mil)

3DS: 75.5 mil (was 73, then 77 million)

"Let go your earthly tether, enter the void, empty and become wind." - Guru Laghima