Faced with too much competition from other consoles and Ipod/Android/Tablets, as well as being far behind in technology from unwillingness and increasingly inability (as time goes on), I think the next Nintendo console will be both console and portable in one. It will essentially be a Wii U without the console, that allows up to 8 portable system controllers to play at once where users can continue playing even after they're miles away from the tv set.
While Nintendo claims the unification of their portable and console development studios is for other reasons, I think it is an early sign of this. If not then the other thing we may see is the same assets being utilized in your portable and home Nintendo games so that all the games look the same.
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