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DerNebel said:
Yeah, they are talking about Gen 8, but that's mostly because Nintendo artificially expanded the 7th Gen market and then put out the Wii U which failed completely to pick up were the Wii left. PS4 and X1 are still ahead of their last gen counterparts.

Its the combination of both Microsoft and Nintendo not just Nintendo alone.  If the Wii was not a success and rebounded to just the average of the prior four consoles (~42 million), xbox360 where it is (probably going to end ~87 mil) and the PS3 with its 45% decline from the PS2 (~90 mil), home console sales still would have experienced generation over generation growth.