I like how this article does not talk about the anti consumer practices engaged in by Nintendo, that might push some customers away from their consoles. /s Nintendo can disable your Switch 2 for piracy in the U.S., but not in Europe, as confirmed by its EULA. There is already a switch in my household, but the price along with the ability to remotely brick the device, is what made our household pass on the switch 2. We bought a second steam deck instead.
The real point here is that they don’t have the ability to manufacture at the scale of the big three. It literally can’t be in direct competition.
It’s not set in stone. They have money, they have demand. Scaling production is a bitch and a half, but it’s not impossible to do