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It started with the NES. Yes, with the NES. The NES and SNES had great 3rd party support but the hardcore PC and SEGA fans knew what was really up.

Check out this Nintendo is Doomed newsgroup post from 1990:

"Are they going under like Mattel, Coleco, and Atari?? I see their
games for $9-$25. Very few are over $35 anymore. I can't believe that
new games like Skate or die 2 are only $18 at Electronic Boutique.
Also, everyone says they saw that Nintendo was coming out with the
16 bit Super Famcom in January. A video dealer here says it was in a trade
magazine. If this is even close to being true, why does Nintendo deny
any plans of a U.S.A. version? It seems that they would ad to the rumor so
prospective 16 bitters will not buy a Genesis but instead wait for the
SF. I say the hell with Nintendo, Genesis here I come"

https://groups.google.com/forum/?fromgroups#!topic/rec.games.video/IKQkExqofSA