I don't think analysts took into consideration the amount of hate people have for nintendo right now, especially after the whole trying to copyright video game mechanics such as throwing objects to capture creatures.This will affect games like palworld, Even ark, with its cryopods. The list goes on and on.
My first game was actually metroid, the original metroid way back in the day. It was still a relevant game when I picked it up at four years old. I've always been a Nintendo fan up until now. Their attacks on the Pokémon community for fan games. Their attacks on people making their own Pokémon merchandise. Lastly, their attacks on game studios that take risks to create better versions of what Nintendo makes.
Lets be honest, Nintendo keep's their games stagnant with few alterations that took near a decade and 2 sequels for those small changes to happen. It all has just left a permanent stain for me. When it's projected that Nintendo will continue to grow, yes I suspect the switch 2 will do very well, but like Disney people are turning their backs.
Nintendo will likely never change or apologize. Should they be successful they will completely change the industry forever in the worst possible way. If they get their way, so many games will have to either pay up or be shut down/banned in Japan and potentially world wide. It's absolutely horrible.