Keeep in mind that over 900 million PS1 games were sold and that only 225 million N64 games were sold.

Yeah, the piracy issue really hurt the PS1 developers.

Publishers declared bankrupcy on PS1 and just developed for N64 on parallel reality.

Convo ended on page 6.

Convo ended on page 6.

Pretty useless metric in a forum where users have free choice of forum posts per page.

Oh by all means, keep going, I am just saying the convo finished on page 6. I wont be replying anymore or reading any more in this thread. So if you plan on replying to me, don't waste your time.

And I'm just saying that we haven't even reached page 4 yet from my perspective:

And users with 50 or 100 posts per page are probably still on page 2 or 1.

Ignoring for a second that someone further up the thread already proved this was a misquote, I would argue it is the correct type of answer for a president to give.  When the interviewer for a big magazine says, “Why you fail so Hard?” You reply by insulting your competition and declaring a better day ahead.  The worst answer would be an honest analysis that makes you, your company, and your consumer product look weak.

the only problem I see with the quote (real or fake version) is possibly that it insults gamers as well as JRPGs/Sony games.

Convo ended on page 6.

Considering it probably alienated a lot of Japanese gamers, I'd say it was the worst possible answer he could have given. Taking ownership of your shortcomings as well as the steps you're taking to correct those shortcomings would have been more appropriate. 

Nintendo's PR in the N64 era was pure cringe, coming from both NoJ and NoA.