I don't think your idea is going to work...

It's not my idea. Iwata has already basically said they are making changes and looking to pursue multiple hardware congifurations that can run the same software. He specifically cited iOS and Android as platforms that do this. 

And you know what ... it's SMART. Following the old model of how game consoles work was made in the 1985 with NES. I don't know if you noticed but it's not 1985 anymore. That's 30 years ago, in tech terms that might as well be 2000 years ago. That's stone age thinking. 

Change is good, Nintendo should embrace it, they have nothing to lose by abandoning the current model. It worked for them 20 years ago, but it doesn't anymore. They can't even sell 8 million handhelds a year reliably anymore, things have to change. They can't continue as is, and while I know Nintendo fans look at PS4/XB1 and say "well just do that! just do it better with Nintendo games! Yeah", this isn't realistic either. The market doesn't want three consoles doing the same thing. 

Nintendo screwed the pooch in that regard by letting both Sony and MS walk into their territory and get too comfortable, now neither is leaving. So they have to change. 

Here starts an argument. What your trying to provoke is the suicide of Nintendo. Better off playing it safe, and taking a huge gamble and failing. Also iOS and andriod the future of gaming? You not only want to fragment the gaming market, you want to make it clunky. I'm not playing Andriod on a console (except for the NVIDIA shield, though it plays real games like Crysis 3).

From the sounds of if you want to play Mario Kart 9, Mario Galaxy 3, etc. etc. or whatever Nintendo's future releases are starting in 2016/2017 ... you are going to have to play them on an Android system because NX is going to be Android based. 

"Playing it safe" would imply Nintendo actually has some user base to "play it safe with". They are down to 7 million 3DS shipments this year and quite honestly they might not even hit that number. That is their lowest handheld shipment in 18 years going back before Pokemon was created. Let me put that in layman's terms: this is bad. 

We know how crap the Wii U is doing. What they're doing now is suicide. 

Beyond that no company in this business can support two distinct hardware platforms at once. Some Nintendo fans don't understand this concept, but continue to complain about Wii U and 3DS releases. Well what do you expect really? Sony/MS can't even release anything on the PS4, yet Nintendo being a smaller company than even Activision and EA is supposed to support two distinct traditional platforms? C'mon people. Wake up. 

Everyone always talks about marketing when it comes to Wii U failure. Marketing is next to meaningless. The Wii was a homerun success and all it had was a couple ads with some Asian dudes saying they'd like to play.

The difference is that Wii was a desirable product. The lineups around the room at e3 2006 had nothing to do with Mountain Dew ads. Everyone wanted Wii because it was cool and awesome. That's all the Nintendo 10 needs to be.

Actually, yes! 3rd parties are the reason consoles exist. Without them, they'd be all but dead!

Many third parties are bailing out of the traditional console model too. 

Konami is out. Square-Enix is hedging more and more towards mobile. 

Companies are not going to support a business structure that could bankrupt them if they have one or two games that don't sell as well as expected. 

Hollywood Studios have that kind of funding, but game development studios don't, not unless you're EA and even EA has recently had monstrous layoffs. 

Beyond that there already *are* two consoles that serve the role of "third party console" ... quite frankly the industry doesn't need (and doesn't seem to even want) Nintendo in that role. 

The NX being Android based is a rumor. Let's not assume that it's true until Nintendo confirms it.

Oh...
Why did you talk about bankruptcy?Reading that part,made me not want to discuss about other options that you put!Nintendo had it's first loss ever in 2012 but with that loss every year they could survive till 2060 with the money it has in the bank and even further with its properties and other tangible assets,but how possible is to have that loss every year,not at all,you can always reverse it and nintendo did that in the last fiscal year and wii  u is being sold at a profit anymore,in addition the handhelds are successful big sellers(start concerning if its handhelds fell to the levels of its home consoles),well 3DS will be the 2nd best selling hardware of this gen and nintendo's software at most doing from very well to impressive and that on its own platforms...
NX just need to be very profitable from the beginning,who cares if you sell 50m? When you have constant huge losses,e.g by selling your product way under the manufacturing cost and that at an early time.
We have paradigms of huge or great sellers but with no profits,huge money loss or low profits!
Some people pay too much attention to the size of the installbase....I agree bigger is better especially when it comes to the company's prestige,but eventually it's all about profits!
P.s
Don't be anxious about nintendo,you admitted that you don't like it,so worry about and make suggestions to your own ship....
Personally,I just mind market-wise nintendo's any home console,to be very profitable,not making any loss and to not sell under 20m...

Then in that case, I'll be done with gaming. I don't want stupid andriod apps running on a console. Also, you're argument has one fatal flaw with it. Its that these companies won't want to develop for this! If they're really moving mobile, that doesn't include Nintendo. Unless nintendo starts making phones, its likely doomed if it doesn't go the "traditional" way.