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DanneSandin said:
I could just as well make the argument that there is only room for ONE console; Atari used to dominate, then Nintendo with NES and then Sony with PS1 & 2. Thats 4 generations when ONE console has dominated the market, but since we still have Nintendo and MS (and HAD Sega) making consoles that claim isn't true.

Nintendo's problem is that they need an appealing and unique console. Case in point; NES and Wii. Both were unique when they were released and had extremely compelling SW to show off the systems; Mario and Wii Sports. SNES wasn't all that different from Sega and neither were GameCube from PS2 and Xbox. The anomaly is N64 which introduced proper 3D games but were still beaten by Sonys PS1. The problem with Wii U is that it's not unique enough; iPads are everywhere now so that touchscreen thing isn't all that cool any more. And they don't have the SW to show case the system.

It's hard to come up with a unique idea every single time though, those ideas just don't grow on trees. 

And the NES, really it dominated because it had every third party game imaginable whereas the Sega Master System, being locked out of third party contracts had ... Sega games only (kinda bizarre how Nintendo has sort of inadvertantly become Sega from the Master System days).