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Conina said:

A lot of cherry picking in the history of home consoles and home computers / affordable computers.

You could also picture Nintendo as opportunist... they profited of the screwups of the American console manufacturers. They took what Magnavox, Atari and others had pioneered, tweaked it and threw a healthy dose of capitalism at it. The result was monumental success.

Magnafox and Atari drove themselfs into the ground. Nintendo saved the gaming industry