Is Miyamoto's take on new IP's right?

[MikeRox]

DialgaMarine said:

 It's quite elementary my dear boy.

The Wii's success is too obvious, and it explains why the NES, SNES, N64, NGC, and (most likely) Wii-U, were nowhere near as successful. While all previous Nintendo consoles attempted to appeal to the hard core games audience while still using the same classic Nintendo names. The consoles didn't do poorly for that reason, but that part of the market was already covered almost entirely by Sony, and let's be honest, the PS1/PS2 just did it so much better. So here comes along the Wii. What does Nintendo do? They created a yet a simple, yet enjoyable, new way to play for all ages, that appealed very heavily to the very large casual market. So what happens? Families with young children all across see this cheap new device that they can all enjoy and they eat it up like candy, and the fact that a name like Mario is there is a bonus. 

Um... Sony didn't enter the market until 1995. NES and SNES were before that.

NES and SNES were massive successes, but the gaming market was much smaller back then. However, spot on with Wii being a differentiator for Nintendo. Just like the DS, they disrupted the market, rather than competed in the traditional sense and created their own audience, that wouldn't have been drawn by the status quo systems which led GameCube to finish 3rd.