https://wccftech.com/nintendo-switch-life-cycle-xbox-ps5/

The Nintendo Switch is here to stay and Nintendo doesn’t believe that the release of the PS5 and Xbox Series X will significantly impact the company’s business.

Answering questions from investors following Nintendo’s most recent financial earnings report, Nintendo President Shuntaro Furukawa told investors that while he believes that there will be a change in environment with the arrival of the PS5 and Xbox Series X, the launches of Sony’s and Microsoft’s new consoles aren’t believed to impact Nintendo’s business trend too much due to the target audiences of the next-gen consoles and the Switch being different.