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when u think of the n64/playstation generation all the good games that you HAD TO PLAY were on n64
goldeneye
perfect dark
super smash
mario 64
conquers bad fur day
mario tennis

playstation had
metal gear solid......


the next gen PS2 did much better and game cube... well... failed... it had some games but sony got more of what people wanted. however xbox joined in and showed the world that shooters work on console with Halo, though sales wise it was smaller xbox beat out both others in terms of quality of games.

simply put, playstation one was nothing but a "hey we exist"
PS2 was "hey we have games the other guys don't ( until xbox comes into play)"

I also think the lack of online with the gamecube killed it too, i think a few games had online but the rest were not, sony and MS had lots of online which meant playing with more people and friends.