Is the Future of Nintendo at Stake?

I have previously reported on the fact that Nintendo was not making much progress in the console wars due to their focus on kids games and the fact that for every ONE good game they made they allowed about 50 really bad ones to come out that are considered trash ware in order to get parents to buy games for their kids. Now as you can see by this video Nintendo is now losing the console war badly as their new console is still behind consoles that have been out for years. Do you guys think that this means that pretty soon Nintendo will definitely die out? Will they end up just making games and handhelds?