I think 2025 would really be tempting fate, I mean maybe they can pull it off but do you really want to take that risk after what happened with the Wii and DS to Wii U and 3DS.
You can lose momentum faster than you would imagine possible. The Wii went from having a "good year" in 2010 to being pretty much drowning as a brand by 2012, these things can get away from a company in a hurry.
Price cuts are also not a big tool for console manufacturers any longer, it's not the 80s/90s anymore. Think the research internally has been done by all of Sony/Nintendo/MS and they've concluded that price cuts only give a temporary boost and long term you lose money by sacrificing the higher price point. It's not good business. People who don't want to pay much for hardware are also not that likely to be stingy when it comes to buy games too.
I don't think there is much of a market for a home only version of a Switch either.
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