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Personally, I've never expected this "partnership" between Nintendo and Microsoft to last very long.
It was great to have a few games like Super Lucky's Tale, Minecraft, and Cuphead, but I think it is a bit unrealistic to a plethora of Microsoft games because of some implied Nintendo-Microsoft romance.
It seems as Phil Spencer here is trimming those wide expectations a bit. With the Xbox Series X coming soon, it seems as if they're perhaps looking to keep their games in-house.