I'm starting to notice that all of your posts are like this.

they can't sell theire Hardware anymore, what is one of theire main Profit Driver


but that's really the only one

This is based on......... your feelings?  

They introduced something new and fun that people liked and purchased.  Nope, I'm sure that could never happen again. *eye roll

I think that putting their money on handhelds wouldn't be wise. The home console market is in way better shape, while the portable one is plummeting. A handheld is unfortunately a hard to sell when compared to a smartphone, except for a small niche (guys like us :D).

The whole concept of handhelds was having something to play quickly on the go and smartphones simply have more games that can be played this way.

The success of the Wii isn't something that's easily repeated. It's not like the SNES to the NES, or the PS2 to the PS1. The Wii audience left console gaming which makes it difficult to create a follow up. 

truth be told i also wanted to use the F word but then I get a ban lol.

Its main profit drivers are software, controllers and peripherals. Hardware is just the barrier of entry, which is why it usually try to make it cheap.

1 reason?  

WiiU is now profitable in the console space. Yeah. There's that.

Nintendo is the best at what they do because they have complete control over every aspect of their games - from the controller, to the console to the development of the game. They design their consoles around the games, not the other way around. This is why they are constantly innovating the way we play.

Take Miyamoto's recent statement: "From early on, I wanted Mario to be that character in the digital world, so that with each digital evolution, he was there to usher in the next era. I think that maybe when we release the next hardware system, you can look forward to seeing Mario take on a new role or in a new game."

They are trying to design a console with a new take on games to evolve Mario even further. Remove Nintendo from the console race and we will see just how dull and uninspired these developers truly are.

It can, but counting that you will find the next revolution every gen is a recipe for disaster. You need a consistent strategy to create a compelling console. Sony is usually very basic with their consoles and they achieved way more success this way. Sometimes evolution is better than revolution.

But the big issue is that most gaming companies have the habit of screwing up badly and that means a bad gen. It doesn't look that bad, but one single bad gen can be 5 or 7 years of awful sales. It's not like Samsung realeasing a bad Galaxy S: they can fix it next year. Atari, Sega, MS, Nintendo, they sometimes do things right and sometimes they screw up badly. Sony usually doesn't screw up, or at least they have a light screw up that is fixable mid-gen (PS3):

- Big screw ups: Atari 5200/7800, all Genesis add-ons, Saturn, N64, GC, Wii U, OG XBox

- Light screw ups: Dreamcast, PS3, X1