Why would Nintendo make another Console after so many failed attempts?

[TheLegendaryWolf]

Teeqoz said:

TheLegendaryWolf said:
Funny thing is the GC made more profit than the PS2 and yet is called a "failure."

Proof? I know the PS2 made Sony 1 billion dollars annually, so then the GC would have to have made a shit ton of cash. Now, because of it being more powerful than the PS2, and it's huuuuge pricecuts in such a short time, I don't really see how that can be true.

I meant to say during most of the 6th gen. PS2 was being sold at a loss for a while. Overall, the PS2's long life span led to most of the profits made.