The last time I remember a lot of people counting Nintendo out and talking about how they will soon have to go 3rd party was after the Gamecube flopped and right before the Wii launched and became one of the best selling consoles of all time.
I'm definitely not saying that the Nintendo Switch will be as successful as the Wii was, but it is to illustrate the point that people have been very wrong when they counted Nintendo out in the past. And from what I've seen from Nintendo over the past few months, I do think that Nintendo is now heading in the right direction and it would be foolish to count them out.
I think making a console/handheld hybrid is a very smart move that gives them a value that the competition can't offer and also consolidates their resources. I think they have also been doing much better marketing lately with things like the Nintendo Switch reveal video, the Apple conference appearance, and the Tonight Show appearance. Plus, Nintendo has been building momentum with three huge successes this year in Pokemon Go, Super Mario Run, and the NES Classic Edition which have put Nintendo in the mainstream headlines a lot, increased their brand equity after the Wii U flop, and reminded people of what they used to love about Nintendo right before the launch of the Nintendo Switch.
Given all this, I definitely don't believe that Nintendo is doomed.
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