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Zlejedi said:

I think you didn't understand me. Both for Sony and Microsoft gaming is only a part of entertainment divisions and main revenue sources lie in other products company sell, while Nintendo is vunerable to situation on gaming market much more and it is Nintendo that can repeat Sega scenario if they screwed up next gen.

While I don't agree with Squirrel in everything he posted, in this part, you made the mistake. 

Nintendo won't screw up next gen, because they don't allow themselves to screw up. As you said, they will always sell for a profit, so even if they repeat a gamecube, they would stay in business. 

On the other hand, Sony and Microsoft are allowed to screw up sometimes. While this seems to be a strength, it has its disadvantages: They started to base their whole strategy around bleedig money for long term benefits. This led to Sony's razor and blades model, that basically gave up big profits for marketshare. Now the PS3 failed, and they are here with no market share, no profits.  They are starting to lose their first reason to stay in the business. 

 

Putting unlikely next-gen predictions aside, look at it this way: Why both cases are unlikely, what is more plausible? That Sony doesn't release a PS4, or that Nintendo doesn't release a Wii 2? 

Exactly.