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Keep making great exclusives, first party. Money-hat third party with big timed ones like FF. Make it a system you must own to play them. And do a price drop further in the consoles life cycle.

And OP, most powerful never has played a large factor in what makes a console successful. Its always the games. Also, Japan has been leaning towards mobile consoles for years now. The Switch and its successors will run away in that region.

My strategy would to follow the PS2 strategy. Take no prisoners when it comes to exclusives.