New Nintendo Platform Teased at Conference, "NX"

[Soundwave]

curl-6 said:

DanneSandin said:

Withered tech have served them well when they launched theor console AFTER the competition and therefore could make a more powerful console at a good prize. SNES > Genesis, N64 > PS, GC > PS2. 

SNES/N64/GC were not withered tech, (with the exception of cartridges on N64) they were powerful, graphically competitive systems at the time of release.

Things were different back then though Nintendo held much more sway in the market and Sony/MS were just new comers. Now Sony/MS are firmly entrenched in their positions and Nintendo isn't looking to get into a pissing match with either bigger company. 

Iwata:

“If you do the same thing as others, it will wear you out,” he stated. “Nintendo is not good at competing so we always have to challenge [the status quo] by making something new, rather than competing in an existing market.

I think NX will be an interesting platform with the obvious great Nintendo games, but if you're expecting a PS4-PS5 killer, you might be sorely dissapointed. 

Nintendo of the 90s is not the Nintendo of today, things have changed.