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Intrinsic said:
 If Nintendo is making a console that they sell for $300? And I'm talking about a basic traditional console. And that console is being sold for any kinda profit, then there is no kinda sorcery they can do to make it more powerful than the PS4.

PS4 was launch in 2013. with $399 price, after only few months Sony said they are selling it with profit. So I really don't see why is impossible that Nintendo 3 years after PS4 launch, launch little stronger console with $299 price point and make profit!?