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Sony was arrogant, ultimately their arrogance led them to make an over engineered console. They at least had the sense to rebrand the platform, strip out the excess and do what they should have done from the start.

Nintendo, well they are just stubborn. As they say, Nintendo is always gonna Nintendo. Their stubbornness has led them to make the kinda console they have now, and it is why they will not do anything to turn it around.