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(The intent of this thread is not to flamebait or troll so do not get mad but just think.)

http://seanmalstrom.wordpress.com/2013/10/12/email-the-format/

The more intesting part of this is:

"The idea is to make the business gavel speak in ways gamers and the game industry did not connect. For example, when Iwata says, “Nintendo cannot compete,” my business gavel said “Bullshit.” Why did it say that? If we look at the history of the generations and the business performances, we find Nintendo outperforming both Microsoft and Sony in the more important ways. For handheld consoles, Nintendo has been dominant there since the 1980s despite tons of competitors trying. As for home consoles, Sony doesn’t always win. Nintendo’s Wii did outsell the PlayStation 3. Microsoft’s Xbox franchise is far weaker than many people perceive. First Xbox sold as bad as the Gamecube (and the Gamecube was profitable, first Xbox lost billions). Xbox 360 ended up in third place and lost money. Xbox One will likely lose too. Microsoft refuses to put out a gaming handheld. If anyone cannot compete, it would be Microsoft. There is nothing to ‘discuss’ about any of what was just said. By saying Microsoft’s console hand is far weaker than it actually is contradicts what is normally heard in the Game Industry. This is where the controversy often comes from about the content of this site. However, the major investors have taken control of Microsoft, fired Ballmer, and may end the Xbox Franchise altogether. This is only a shock to people who don’t use a business gavel. Investors use business gavels all the time. While some might say Malstrom has prophetic abilities, the reality is that I’m only trying to look at things with the same context investors do. My flaw is that I am too generalized, however that comes from lack of precise information that investors and analysts receive."

Despite Iwata saying that nintendo can not compete the point sean is trying to demonstrate here is that it is microsoft who can not compete in this section.

Despite the fact that the xbox brand grew with the xbox 360 it ended up in third place thus leaving more to be desired from microsoft to become a market leader. Sean was right about the original xbox selling as bad as the gamecube and losing money while at it to boot and what's more is that the xbox brand has yet to make any profit so far in total. 

What do you guys think about his assessment ? (I agree with what he is saying.)

The xbox brand may not be as strong as what most of us thought.