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I agree on the topic.
People are not buying third-party games for the Gamecube, so companies are stopping making games for the the Cube. The best games on the Gamecube are the ones released by Nintendo. If I buy today a Gamecube, is to play Nintendo titles.
XBox and PS2 have a very good "strategy" when it comes to online gaming, so people that want to play online on consoles, they will use one of the two.
But still, I think Nintendo is still strong. I think if they release another console, they might go the same way as Sega did.
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