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JEMC said:

I'd sasy it was a mix of both things.

In any case, when he made that statement he also knew what software would be available, yet that didn't stop him. So he was either wrong because he did a bad job analysing what effect the lack of software would have on the sales, or he was already know that but thought that the market would still buy the console.

So he's either a terrible analyst, or he just says whatever he thinks (not what the market says).

I wouldn't say it's a mix of both things at all. If 3DS launched with the games it started getting a year later, it would have dominated at $250. The price definitely wasn't the issue. The anemic library was. The price drop was just a bandage for that.

That doesn't stop the rest of what you said from being truth, though. That being said, the PS4 launched with an anemic library as well and blew shit up regardless, so what do I really know?