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Roderic_Blackwood said:
Soleron said:

It already is a duopoly. Nintendo still exist but the games they make no longer appeal to 20m+ people per title. They have no cultural impact any more; they've let the perception of gaming be dominated by GTA, CoD and Minecraft through inaction.

A buyout or major change of strategy could provide the catalyst for a return to relevance.

I completely disagree with you, it seems that you have forgotten that the Wii (still alive) has a lot of games with not only 20 million + but 30 m+ and 40m+ sold copies! The Wii U also has an impressive attach rate and I haven't seen anPS4 or XBOne game that surpass the 10m+, just in PS360 but in Wii as well and those systems are selling better than the Wii U so Nintendo sells more First Party software than Sony and Microsoft togheter,  and no one has reached the 3DS, the best selling system in this generation (and a lot of people seems to forget this), so duopoly? I don't think so, unless you said that there's a duopoly selling the same specs, same graphics, same old same stuff which yes, you're a correct. And it's funy: No cultural impact? LOL , maybe you haven't seen Smash Bros. or Pokémon or Zelda or Mario, icons of the videogame inustry and pop culture. I have no idea what's the name of the GTA V main character, I even know the entire Watch Dogs crew! And I do acknowledge GTA V success but it sells on the PS3, 360, PC, XBOne, PS4, 5 platforms against Nintendo, fighting on its own and doing fine right now.

this

every kid and their dad knows what Pokemon and Mario are. no one remembers the title characters in the last GTA or Call of Duty game. 

as much as anything else Nintendo's intellectual property is what makes them so valuable

one particular poor console in design and marketing doesn't change that