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supermario128 said:
By that logic [...] the TurboGrafx-16 would have sold more than the NES, and so on.

???

You do know that the TG16 and NES were two different generations, with the NES launching several years before, right? 

EDIT:  I realize you meant SNES...

 

I agree with your main point, though.  Launching first doesn't guarantee anything by itself, but certainly it can potentially give a company an advantage... as long as they don't squander their lead.