Nintendo totally irrelevant? Xbox and PS duopoly?? (Home Consoles)

[Train wreck]

superchunk said:

ViktorBKK said:
Nintendo will remain financially viable due to 3DS sales. This isn't the first time Nintendo launched a failed home console. The N64 and GameCube were consecutive commercial failures, yet Nintendo remained in business because of their handheld department, which has always been profitable. Even if we take the 3DS out of the equation, Nintendo sits on a huge pile of cash, I believe its around 10 billion dollars. So even if they somehow managed to screw their handhelds too, it would take years and years of consecutive failed products like the Wii U before they could go bankrupt.

Confused is you. N64 and GC both made Nintendo plenty of money. Xbox was a commercial failure yet it sold slightly more than GC.

 

Nintendo has only had one fail product and that was the virtual boy.

The gamecube did not make Nintendo money, if you look at Nintendo earnings from 2001 to 2005 (which is published on their website), in which they broke down hardware (handheld and console) and software, you will see that the gamecube (even with the help of the n64 the first couple years) resulted in pretty much flatline operating income (+/- a couple million yen), the gameboy color, gameboy advance and early DS where the sales and earnings driver for Nintendo during that time.