Cliff Bleszinski has put on his Nostradamus hat and predicted that Nintendo will be out of the hardware race in 5 years. He didn't really give any specific reason why he thinks Nintendo will be out so soon, apart from the general upheaval of the market right now, but I guess it has some weight given that he's an industry player (or sort of retired one).
A lot of gamers have been saying Nintendo's going to be a software-only company for years, but I never put much stock in that, considering that they were selling systems like cheap pills at the time, are sitting on a mountain of cash, and have always weathered the ups and downs of the industry.
I don't think this does anything to persuade me. It might happen eventually, but I don't see how it's going to happen within the console generation we're currently jumping into. Or anytime soon after that. The Wii U would have to a bust on an epic scale for that to happen, and it won't. It's not going to sell like the Wii, no doubt, but it's not going to finish at 3,000,000 sold or something crazy like that.
What scenarios can you guys propose where Nintendo is out after or during the Wii U? Do you agree with Cliffy that there's good reason to believe this is going to happen?
EDIT: Some people have pointed out that the original article makes no mention of a 5 year timeframe. I didn't realize that when I first posted this. I came upon the article through Destructoid, specifically an article by Jim Sterling, who did mention it (in the title no less), and was apparently making it up. Whoops. Sorry.