She wasn't too far off. The whole industry crashed in North America the following year. iirc, basically anyone could make a 2600 game. So you got hot garbage like Custer's Revenge and ET. This opinion was published before the crash and before Nintendo entered North America and essentially saved the industry here by implementing quality standards.
It probably would have eventually picked back up, but not for several years.
Damn, I remember when Nintendo used to be cool.