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It should have, and it was the best console going around. Nintendo short lived it to move onto the Gamecube era which was a mistake. They should have just stuck with it for 10 years like Sony do with there consoles and N64 would have surpassed 80m easily.
Definitely my favourite console of all time. The N64 library was full of so many amazing games, compare that to my PS1 which had so many cheap 3rd party (Shovelware/Broken) i think i have 4 to 5 great PS1 games (Half of them were on PC) while with the N64 there 1st party games were just in leagues of there own.