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The Gamecube was a system that sold poorly because it was released too late, and didn’t differentiate itself on the market enough. By the time it was released the market had already accepted the PS2 as the dominant console of the generation, and the Gamecube didn't really offer anything significantly new compared to the PS2. By (probably) releasing a year before its competition, and (potentially) doing something significantly different than has been done before, Nintendo's next system appears to be avoiding the two biggest mistakes Nintendo made with the Gamecube.