They got a robust ecosystem going on and with them shooting down pirating left, right and center they keep a tight ship going.
Nintendo has set themselves up so they don't need 3rd party titles to survive. Carved out a good niche for themselves. They don't even see themselves as direct competitors with Sony. They used to but that was a long time ago.
It’s just strange, this is the first time I’ve seen them so…lazy. The Wii U was a flop, but it was a bigger leap than this. SNES at least had more buttons and significantly better graphics.
I think they’re just gonna milk this till streaming takes over.
I don't think they feel like they need a huge departure, but rather just to improve on the shortcomings of the Switch itself and just a bit more power. Whatever they can achieve.
But they also know they can never compete with the PS5 in terms of specs and still put out a portable.
And they're probably well aware that they'll have to make up their tech shortcomings with good games ... as they always have.
So you're right. They'll continue with this until has diminishing returns and then they'll probably pivot / evolve again.