Though Nintendo has a history of discontinuing its older consoles without missing a beat, there's reason to believe this won't happen with the Switch.

When it comes to hardware sales, Nintendo usually doesn't fail. From the smash success of the DS line, all the way back to their roots with the NES and even some of their more unorthodox hardware. It's hard to think of a Nintendo console not doing well.

Nintendo at last unveiled its successor to the popular Switch console on Thursday, a major moment for the video game industry that will arrive sometime this year. The release of a new console will be a key milestone in Nintendo’s history after the company released the Switch in 2017 to fanfare and acclaim.