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Soundwave said:

Nintendo has no excuse for lazy/stupid execution during the GameCube era ... this is a kill or be killed industry, they needed to be no.2 that generation by a reasonable margin, getting beat by a latecomer to the business with no established 1st party IP was a joke. 

They could have done a lot better that generation if they had been smarter. Yes MS is a big company, but you can either cry about it and give up or execute, Nintendo didn't execute. There needed to be greater urgency and fight from them that generation and they simply did not show up. MS has tucked tail and gone running from plenty of business ventures when they get their ass handed to them ... see: Zune, WebTV, bing, and the most recent Nokia-Windows Phone debacle, as a matter of fact MS doesn't do that well in many things outside of their OS business at all. They are hardly some unbeatable goliath outside of their OS sphere. 

I agree about the failure of the Gamecube.  Nintendo essentially gave Microsoft the audience that Nintendo's western 2nd/3rd party developers painstakingly built up during the 5th gen by not taking online seriously, letting Rare go (even if a lot of their talent had already left) and focusing more on the Japanese market.