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Mar1217 said:

IF we take Nintendo's management in consideration, the N64 probably was still a good income to them despite the cost of developpement rising due to the 3D tech and the use of cartridges at the time.

Relatively at the time, consoles didn't need to sell to the upwards it does today. I mean it is similar as to why Nintendo were still satisfied with the GameCube sales at the end of the day.

I would assume that these consoles are somewhat profitable even with such low sales. Thanks to the link that @HigHurtenflurst shared, the GC and N64 still managed to sell a lot of software. 

 

My question is how is it possible that such a machine that gave me such great games and countless hours of fun, could have sold so little, less than both of its predecessors.