Yes, because so many studios are constantly making new gaming I.P's. 

The difference is that Nintendo's problems aren't really on the software side.  Their games have been well received, and have sold well relative to their install base.  The problem is on the hardware and marketing side.

Marketing might be fixed, the hype seems up and Jimmy Fallon is a good step. 

Hardware we'll have to see, though power is not the only aspect. 

The Wii U was on Jimmy Fallon. Every game hardware is on Jimmy Fallon. 

Disney's rennaisance didn't really have much to do with using new IPs.  They'd been doing that since pretty much day one, in terms of feature films.  They didn't start doing sequels till after the Little Mermaid, when they created a direct to DVD division to capitalize on their recent success.  The last movies featuring Mickey or Donald were from the 50's or so.

Their rebirth was actually a result of deliberately looking to their past.  Little Mermaid was a project that started development right after Snow White.  It was a throwback to the princess musicals that made them successful in the first place.  

I don't really see it that way, those films were successful because they were more contemporary and had more 90s-styled humor ... like imagine Robin Williams in Snow White? Yeah I don't think so. 

Those movies were more modernized for modern audiences, I remember this because I was basically the target audience, in the 80s, Disney had become "uncool". Little Mermaid began to change that especially with the Sebastian character, and Aladdin really did it with the Genie character. 

The Jimmy Fallon thing isn't really new.  The marketing is definitely different than it was for the Wii U, deliberately showing older gamers in a way that is clearly influenced by apple and such.

As for the hardware, I didn't necessarily mean power.  Unlike the Wii U, they have a very clear selling point for the switch, so that's a step in the right direction.  I'm still not sure if that selling point is really appealing though.  

Mobile games have clearly shown there is a big market for that portable gaming experience, yet while people will happily pass the time with Candy Crush on the go, or will play something like Call of Duty or Mario Kart at home, there is still a stigma around playing more traditional video games in public.  If Nintendo can crack that, and make gaming on the go a cool (or at least not un-cool) thing, then they could have a hit.  They basically have to do what Sony couldn't with the Vita.

I'm in college, let me tell you just how many 3DS's you can spot. 

Anyway the Vita ran into the opposite troubles of the Wii U: It had third party but no first party. Nintendo pushing it's games on the Switch solves several of he Vita's problems, and I doubt it uses memory sticks.

Vita had no audience, that was its problem, lol. 

Sony's audience tends to skew older and older people are not going to carry around a gaming portable unless the appeal is astronomical. 

Smartphones completely killed the PSP audience and in Japan, Nintendo taking Monster Hunter away (basically the smartest thing Nintendo has done the last 8 years) killed the Vita there. 

Of course a character from the 90's isn't going to fit in literally the first animated feature movie ever made.  But it isn't like Disney was still making films like that in the late 70's and early to mid 80's.

Disney's movies in the 70s and 80s were things like the Fox and the Hound, Black Cauldron, who framed Roger Rabbit (in which the genie would fit perfectly fine), the Great Mouse Detective, and Oliver Twist.  In general, they were straying away from princess stories and fairy tales in general.  They were also straying away from musicals.  With the exception of Oliver Twist (which took place in 1980's New York in a deliberate effort at modernization), music was deemphasized.  Black Cauldron featured no songs, Roger Rabbit and Fox and the Hound rather few, and in general their characters didn't sing themselves, leaving the singing to offscreen narrators.

The Little Mermaid and the films released around that time went back to fairy tale settings, put a greater emphasis on female leads especially princesses, love stories,  and were full on musicals again.  Of course you can point to some elements that had changed since the 40s and 50s, but is The Little Mermaid more similar to Snow White, Cinerella, Pinnochio and Sleeping Beauty, or more similar to Winnie the Pooh, Who Framed Roger Rabbit, Oliver Twist, Black Cauldron, and the Fox and the Hound?