From what I remember reading in videogame magazines at the time, the PlayStation was getting tons of praise for games like Crash and Tomb Raider and alot of game journalists were declaring Sony the "winner" of E3 in '96, but by years end Nintendo was the one wrapping up most of the GOTY / console of the year awards.
And regarding the price wars at the time, Nintendo had already announced the price point of the N64 at $249 in late '95, but because the system was eventually delayed again to June '96 in Japan and September '96 in North America, and with Sony's aggressive pricing of the PS1, they dropped the official price to $199 prior to launch. This sort of made up for the fact that there was no pack-in game for the first time for a Nintendo console launch since games were $60 and up at the time.
On 2/24/13, MB1025 said:
You know I was always wondering why no one ever used the dollar sign for $ony, but then I realized they have no money so it would be pointless.
