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brighat said:
One word: Arrogance. At least they learned from the PS3 launch. Microsoft and Nintendo certainly didn't.

Almost all sales failures on consoles are direct consequence of pure arrogance. Nintendo thinks that they can do whatever they want, that they are always right and that they don't need 3rd parties. MS tought they could price the way they wanted and shove their DRM down everyone's throat. They are surely paying their mistakes.