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FilaBrasileiro said:
What if:

Nintendo had launched a CD based N64 instead of a Cartridge based one (therefore pretty much guaranteeing FFVII exclusive and 3rd party support), would the PlayStation brand still be around today?

 

I don't think so, because Sony was apparently helping Nintendo with that project, and would have been happy making money as one of their partners. If they would have made a console, it wouldn't have been for another 2 generations at least.