What strikes me about Nintendo is that their hardware quality is rather lacking. Maybe I'm spoiled by Apple et al., but my Switch feels quite the opposite of premium in the hand. More to the point of the article, however: while Nintendo does use "withered" technology, perhaps it's too withered. The Switch uses an ARM-based CPU/GPU SoC from 2015: obsolete before the Switch came out! The GameBoy Color, released in 1998…
ever since the gamecube, and maybe before then, nintendo has been on a divergent path from the likes of other console makers. they do not seek to compete in hardware power.
nintendo's true problems lie in online and cloud services, like account management and online multiplayer, and just pure laziness in game development and implementation. they get away with it somehow.