not only that, but the PS3 has to compete against 2 competitors where-as the N64 only had to contend to 1.

Nintendo was on top of the console wars with NES and then SNES, but moving on with N64 knocked them down to a distant second. But if you look at it, the PS3 isn't doing as bad as N64 and Sony isn't forgotten as quickly as Nintendo was back then.

Poor Sega Saturn... doesn't even get a mention.

But that's just saying they did less shitty, which isn't really how one should look at these things.

Wow... just wow. Poor Saturn. I think the PS3 is doing fine, but this topic is just sad.

By the way, the N64 didn't lose 3 billion dollars either.

These consoles would disagree with you

While the PC-FX bombed, the Saturn was actually the number one console in Japan for the first part of the generation and it kept trading the lead in Japan with the PS1 until FFVII put the Sony over the top. The N64 had more competitors to deal with than the PS3.

...Back In those days...consoles were 200....that's why I had both n64 and PS1.

whatever helps ya sleep a night haha... nah but it seems appopriate given the title haha.

Let us know when you think about it then. The bar, still going lower.

The market has expanded quite a bit since then. N64 sold what, 32 mil? and i think PS1 did a little over 100 mil.

By comparison i expect PS3 to be 50-60 million while Wii will be 120 mil+. So pretty much Sony and Nintendo switch places and add 20 million units to each. Not to mention this is an entirely different situation.

Nintendo going into the N64 was very arrogant much like Sony was going into PS3, but the similarities end there. Nintendo chose to go cartridges again instead of CD's which won Sony loads of 3rd party support instantly due to the cheaper costs / more space. Not to mention the N64 came out like 2 years ( i think) after the PS1 giving it a huge advantage. I think if PS3 released 2 years after the Wii (which would mean it's releasing right about now)  it would be very hard to pull off 50-60 million units, realistacally more like 30-40 right in line with N64.

Also, the Wii had to come back from the hole Nintendo dug itself into, and had to win back third party support which it's still in the process of.

Yes and no...

PS3 will outsell N64 clearly, probably a few weeks before 2010 starts

But N64 wasn't the equivalent of financial anchor either.