The problem with your Nintendo analogy is that Nintendo introduced a new market into playing video games (families, non-gamers). A more accurate analogy to Nok

The problem with your Nintendo analogy is that Nintendo introduced a new market into playing video games (families, non-gamers). A more accurate analogy to Nokia making dumb phones would be if Nintendo had created a console that appealed to legacy-gamers, people who want to play SNES and NES games. A much smaller (and dwindling) market.