People still don't get it. It isn't about whether or not Nintendo is losing money. It isn't even about whether or not Nintendo is making money. Nintendo is literally about one thing and one thing only: maximizing profit, and putting Nintendo is a position to maximize profit in the future.
That's it. Nothing more. Nothing less. Not honor. Not loyalty. Not respecting its fans. It's just about making as much money as possible. Every decision they make, every statement they make, every game they make, every ad they make is made because they feel that decision will make them the most money for the company long-term. Period.
So the real question you need to ask yourself is whether or not the Board of Directors at Nintendo believe that Nintendo continuing to make hardware in the future will make them the most money. Not break even. Not make them a little bit. Not lose a bit. I mean literally meeting its profit goals that Nintendo's Board of Directors have set, that Nintendo's share holders invested in Nintendo to see that return. If the board feels that Nintendo pouring its resources into nothing but mobile games for the next 10 years will maximize the profit of the company long term and put them in a better position financially than they will making consoles of any kind - that is the decision they will make. if they feel that investing the resources in developing and making miniature versions of the SNES and N64 next year and the year after will make them more money than investing in a new Metroid game, that's what they'll do.
Will they make the choice to stop putting out hardware? Almost undoubtedly no. At least not now. If the NX performs around the levels of the Gamecube or worse, while their mobile games are huge hit after huge hit after huge hit netting them more profit in a smaller time frame than the Wii and DS combined? Nintendo will probably start to think differently. Because money.
But people need to quit acting like Nintendo breaking even or making a slight profit over "this generation" means anything in terms of the decisions Nintendo makes for the future. They need to quit acting like Nintendo having billions in reserves means anything in terms of decisions Nintendo makes in the future. It really doesn't matter that much. It just means that Nintendo might be able to afford to take more risks in terms of that they feel might generate more profit, but it certainly doesn't mean they'll continue to settle for mediocrity in the console space just because it didn't cost them any money overall. it doesn't mean they'll continue with the status quo because they can afford to do that. Remember, there is still hundreds of millions in potential profit they threw away by putting out a terrible console no one wanted in the Wii U. Don't forget that, because Nintendo's shareholders and Board of Directors sure don't.