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Soundwave said:

Contrast Nintendo of early 2000s ...

Nintendo +
Rare
Factor 5
Silicon Knights
Deal with Capcom for Resident Evil exclusivity
Retro Studios was envisioned to work on 4-5 games
Left Field Studios
HAL
NST making Ridge Racer games
Deals for Star Wars exclusive games

Nintendo of the early 2000s, and even late 90s if we're being honest, was in a downward spiral of constantly declining marketshare and relevance. This was actually a very bleak time for Nintendo as a company.