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Sony is responsible for its success

The way I see it Nintendo does not compete directly with Sony and Microsoft.

Microsoft and Sony compete to make the gamer who cares mainly about multiplats get it in their console and not the other one. Sony won because it is clear that the next Call of Duties and GTAs will be better on Playstation, for USD100 less.

The way I see it the market has not grown much since 2 gens ago. Sony sold almost 160 million PS2, and last gen both Sony and Microsoft sold 80 million each.