Would you be happy if the Switch got the same attention that the WiiU got?

Lol 

You quashed my argument dont think so 

What does that have to do with being excited for a console? If it´s not succesful, I wouldn´t be happy about it, but it wouldn´t take away the excitment I feel for the console.

Now seems like a strange time to change your mind.

All the things people are complaining about Switch -- expensive accessories, paid online services, pricey hardware -- are evidence of why it's much more beneficial for Nintendo to make hardware.

By releasing a proprietary system, Nintendo can earn profits on hardware, software, and accessories. It can reap the profits of paid online and royalties from other game makers. More important it can determine the specifics of its own ecosystem, which is better for its development teams.

Maybe if you had made this argument in January of 2016 it would be a little more plausible. But now, with Switch selling at a profit (and selling out) and with Nintendo leveraging the smartphone audience to increase sales of Pokémon and Super Mario, it seems like a pretty safe time to be in the hardware business.

You agreed that a company has an unlimited amount of revenue. Cannot be the case in a society of limited weath.

Quashed

What?

Think before saying something when it comes to business, something that you may not have knowledge... That would be a suicide!

No one gurantees that Nintendo software would sell as much as  is needed to match the profits of Nintendo as a hardware maker!

Would nintendo care to make as many games for other platforms, as they create for their own products?

Only Third party would be a could move as a last resort,  i.e in case that Nintendo burns their huge reserves that they have in the banks by having constant financial flops... Nintendo lost money first time with 3DS in 2011, because of the urgent excessive price drop which skyrocketed the sales but 3D effect royalties cost them, then the hardware became profitable with 3DS XL launching at 199$ in 2012! After that they lost money in 2012 and 2013 owing to wii u tablet controller cost+combined with low sales, not amortizing the expenses for research and distirbution... They haven't lose money any other time in their long history and  these  losses were insignificant! They will sell switch on profit from the beginning, they want their core business to return to financial state of 6th gen when with the 104m ( gc+gba ) piece of hardware sold, they earned more than their closest competitor which had way higher hardware and software sales, that thanks to first party software sales.

Anyway, it's better to sell your software in other hardware than yours? it's better to share the money with the manufacturer of hardware, than to get full money by selling your software on your own hardware? ( excluding stores allotment)

Also, is it better to be deprieved of the money from the accessories you sell for your own console?

hahah

Nintendo was 4th in money making of software developers  in 2016,  in their worst market, the, uk, that with few releases and the durability of the older titles, with aging products ( okay there were pokemon ) , if you add the gains from hardware, you probably get Nintendo above ubisoft and activizion, perhaps ea too...

In an nutshell, becoming only third party would be an economic matter, not a sales one! Nintendo  lost just 200m with wii u, they have 5b cash and so many other assets liquid or not... 

P.s

 keep dreaming of a Nintendo third party guys... Now that they expanded successfully to mobile, and we wait for movies and theme parks venture... Forget it! Buy their non traditional games on smartphones...

I stopped reading after the personal insult in the first line.  I run my own company,  I'm self employed and there have been days of my life where my earnings were literally $1000 for a single day.  

So think before you claim I've no business knowledge next time.  You can say what you want but it ain't changing my opinion.  Nintendo are better off as a third party developer.  Better for the fans and better for their profits. 

7th time....Statistics. Read above.

Okay, I need to mention this a 6th time, but I have already addressed this argument using statistics. Yes, that includes hardware costs, and licensing costs (royalties are for copyrights).