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

[TheLegendaryWolf]

RolStoppable said:

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.

You are both wrong.

1) Nintendo as a whole made more profit during the sixth generation than Sony's gaming division. Obviously, the GBA was an important factor in that too.

2) The PS2 only made a $1 billion profit once. Sony was aggressively trying to push all competitors out of the market, so they sold the PS2 at a substantial loss initially ($500m loss during launch year) and cut the price in 2002 despite handily outselling the Xbox and GC anyway. On the other hand, the GC had a cost-efficient design, so despite its lower price it was never sold at a big loss. At its worst points the sale of a single first party game offset the loss taken on the hardware sale.

^Thanks. I'm sure the GC made a decent profit overall.