People are already sick of a duopoly, you want three hardware makers making similar hardware? Boring. And it makes no business sense for Nintendo. Their target market fit only on the $100-$250 range (and I would say $250 is stretching it).
Bet with bluedawgs: I say Switch will outsell PS4 in 2018, he says PS4 will outsell Switch. He's now permabanned, but the bet will remain in my sig.
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