Re: Nintendo's prospects...
@Tom- Well, I think the difference is the long tradition of Nintendo. People often forget it was founded in 1889, long before even the japanese played video games. Nintendo has adapted with the changing times repeatedly. Sure, they might become a little more boom and bust. Seems like a bronco worth riding if you want to make some money in the market.
That said, I'm not sure it is Nintendo's choice anymore. I just don't see the dedicated gaming console lasting that many more years. Mobile gaming, smart TVs, and even good old fashioned PCs are too much competition. The console is a tax on the right to play a game. It is exactly why I don't own Mario Kart 8. Because to play it, I'd have to shell out $360, not $60.
Nintendo is no longer good enough to charge that tax. And soon neither Microsoft nor Sony will be either.