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killer7 said:

Yes, in the handheld marked the Switch is basically the Game Boy right now (GB 118,69 million vs GG ~8 million- lets just add the 1 million Nomand users and the competution did not even reach 10%.). Adding the fact, that the whole PC "Handheld" competition was not even able to outsell the Sega Game Gear's total LTD (~8 million) in its first 2 years+ Switch can be called a monopoly in this segment, but as it is still connectable to the TV it also competes directly with PS5 and Xbox Series (wich it has already eclipsed). Their only direct competition soon will be the PS5 only as long as Sony produced physical games. I am impressed that market regulatores are not the same to Nintendo because of their monopoly as they where with MS before their Activision purchase fearing they could become too strong. Nintendo is clearly stronger in the console space than MS!

MS is a different situation to portables though as MS was buying up elements that make markets competitive where as with portables Nintendo just blow the competition out the water much like Coca Cola does the is no case for any regulator as it would be like taking prime Mike Tyson to court for winning his fights.

It competing with PS5 doesn't really bypass the point because if someone wants a portable they still buy a Switch, or Switch 2 in future, this basically gets Nintendo's platform in peoples homes and unlike PS5 multiple Switch units can be in one house far more frequently as a result. You're correct that for Nintendo whether someone buys it in the context of a portable or home console doesn't matter as each sale is a sale in both markets although home console wise the PS brand is pretty much undisputed in the traditional approach and in all cases where it has had a strong competitor go blow for blow it took an unorthodox approach (DS, Wii, Switch) and the reality is that Switch is both a great console and portable up there with GB, PS2 and SNES but if Switch 2 was just a home console we'd all be somewhat more conservative with our predictions.