No Nintendo's mistake in the 90's wasn't due to letting the compeition beat them with improved tech, it was twofold, first there was the fact that they lost library support, largest library is very important, and PS1 had a much larger library than the N64, this was due to the liscensing issues of the NES and SNES, in addition there was a lack of product differentation, the SNEs/N64 and GCN all were too much like the competition when they launched. Nintendo has always done best when their system has different strengths than their competition at launch
Predictions:Sales of Wii Fit will surpass the combined sales of the Grand Theft Auto franchiseLifetime sales of Wii will surpass the combined sales of the entire Playstation family of consoles by 12/31/2015 Wii hardware sales will surpass the total hardware sales of the PS2 by 12/31/2010 Wii will have 50% marketshare or more by the end of 2008 (I was wrong!! It was a little over 48% only)Wii will surpass 45 Million in lifetime sales by the end of 2008 (I was wrong!! Nintendo Financials showed it fell slightly short of 45 million shipped by end of 2008)Wii will surpass 80 Million in lifetime sales by the end of 2009 (I was wrong!! Wii didn't even get to 70 Million)
