Analyst says Nintendo should create an Apple Arcade-like service for their back catalog, fans/industry members discuss what happens when Shigeru Miyamoto retires

Back in mid April, we shared a CNBC documentary on Nintendo's history that was quite well done, and equally as interesting. If you missed out on that, you can check it out here.

In that feature, a number of Nintendo analysts, fans, and more discuss various aspects of the Big N. In one section, Wedbush Securities analyst Michael Pachter chats about his belief that Nintendo should start up an Apple Arcade-like service.

One thing they have that nobody else has is a gigantic library, more than a thousand handheld games, and if they were to emulate Apple Arcade and put a thousand games on it, they would have 100 million subscribers paying them $5 a month. It's not reflecting in their share price because they haven't monetized it yet, but if you're looking at Nintendo going forward, I think that's the answer.

In other words, Pachter thinks there should be another Virtual Console service. It's not clear as to whether he thinks this should be on phones or on Nintendo's hardware, but there's no denying people would jump on the idea.

That's not the only topic discussed, though. The importance of Shigeru Miyamoto is brought up on the documentary, and he's no doubt had an absolutely huge impact on Nintendo's gaming content. This leads to the question of what happens when Shigeru Miyamoto retires? Amir Anvarzadeh, Japan equity market strategist at Asymmetric Advisors, had this to say.

Miyamoto-san has obviously been a driving force of the gaming business initially for Nintendo, but Nintendo has a very deep bench; Nintendo has a very, very strong development base.

On the other hand, Alex Handy, founder and director of The Museum of Art and Digital Entertainment, isn't quite sure what'll happen to the Big N after Miyamoto's departure.

I think that some of the talent they have is once-in-a-generation talent and can never be replaced, so I wonder what happens to a post-Shigeru Miyamoto Nintendo.

Miyamoto leaving Nintendo will surely be a sad moment for Nintendo fans, and a major hit to the company's efforts. That said, Miyamoto and other devs in Nintendo have been working hard to foster young creators to help drive their success going forward. I definitely think they'll be okay, and most likely thrive in new ways.