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Ashadelo said:

Nintendo actually has a really healthy balance in every market of the world. If one of their markets tanked, it would be doom for them. But if XBX lost America they would have nothing, if PS lost Europe they would be crippled. Nintendo, while they can do a lot better in other markets (especially Europe) they have the most balanced overall.

Nintendo does have the most healthy balance between the regions but worth noting the majority of PS5 region sales are from the US, not Europe. Neither are dependent on any singular region. PS4 would be an xbox 360 level success without Europe