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Revolution May Launch Last
Nintendo President Satoru Iwata has publicly stated that the Revolution may be the last next-gen console to market. From the article: "Until today, Nintendo has said only that the Revolution will be released in 2006 in North America, without specifying any date. Iwata's comments indicate that the console could appear after the launch of Sony's PlayStation 3, which is currently slated for a spring 2006 launch in the US. Microsoft's Xbox 360 will arrive on store shelves during the 2005 holiday season worldwide."
Despite all this, however, I predict that Nintendo will be around for quite some time (in one form or another at least). Their ability to shift gears when needed (remember how the original NES revived the dying home console market in the first place?) and to develop/market new and innovative -- if not practical and appealing -- ideas will assure them some kind of presence for the forseeable future.
They also have the remarkable ability to be and stay tremendously profitable. Since the launch of the NES, they have not had a single year in the red, and have remained the most profitable game industry company though clever licensing and milking everyone for all they're worth.
Nintendo, like Apple, will be ok. You don't have to have the highest volume to make the most profit.
And the DS is currently outselling the PSP pretty solidly, due mainly to innovative titles and being slightly cheaper.
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