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Cheebee said:
There's not a chance in hell that Nintendo will sell one of their systems at a loss, ever. *Ever*.

Incorrect.

Before the Gamecube launched, in an interview with Peter Main, he was asked if Nintendo would lose as much per console sold as Sony was rumored to be losing on PS2 (over $100), to which he replied "not that much", indicating that they were taking a small loss in the beginning...