Kotaku: Microsoft And Sony Targeting 2014 For New Consoles

[Play4Fun]

Vetteman94 said:

Play4Fun said:

Vetteman94 said:

Actually for a business as large as Sony or MS,  it doesnt matter as much since they have other ways of making money.  And its not like they got beat as bad as the last 2 Nintendo consoles did

Nintendo made profits on GC, Sony lost all profits made with PS1 and PS2 because of PS3. That's billions of dollars I believe. I'm sure they care.

Anyways, Nintendo isn't going to just release an upgraded console and call it a day, they'll do much more than that, so I'll wait and see how this plays out.

Oh they cared but it wasnt their entire business model like it is with Nintendo,  if Nintendo fails in the gaming industry, Nintendo will struggle to exist.  Not true for the other 2 companies. 

It doesn't matter. No business is happy about losing millions, much less billions. I doubt their shareholders are happy about it.

Nintendo have made so much profits that they are in a position where they can soak up one or two system flops like GC and still have money to go on since even with a GC-like flop they will be making profits (as they did with GC).