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Any kinds of comments like this are ignoring a lot of context, not the least of which being the Dreamcast's price in its last year of life: $100 for most of 2001, then $50 for the holiday season. Even if you DID take inflation into account (which you shouldn't, given that average income has barely increased since 2001), I'm fairly certain the Dreamcast was still being sold for a much cheaper price than Wii U is now.

On top of that, Dreamcast was moderately successful in the West, and had a record breaking launch in the US (things slowed down in 2000, but in the end it managed decent numbers). It was a variety of factors, including money lost on the Saturn, death of the arcade scene, and the system's slow sales in Japan (which is kind of odd given the Saturn's success in Japan) that forced SEGA out o the console market. The rampant piracy of Dreamcast software due to the MIL-CD security breach didn't help matters either.