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mrduckbear said:

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.

You're right.  They weren't knocked down to a distant second like the 64.  They're at a distant third trying to claw their way back to 2nd at best, after the most successful home console of all time.