Despite slowing sales of the Wii U, it's still fairly early for people to be calling for the demise of Nintendo. But I guess its popular to jump onto the biased bandwagon the press seem to have against Nintendo these days. Games are what sells a system, and its fairly obvious to all but the uninformed, that after this drought, sales will sky-rocket once the Triple A titles hit the shops. However all this talk about Nintendo not making hardware any more is just plain silly, especially with the games that will be coming out and the huge war chest of cash they have to spend. I own a PS3 & a Wii U, and I use the former mainly for streaming movies and watching Blurays now, since there aren't many games out that interest me, and the Wii U, being new and fresh, for Zombi U, Miiverse, Mario, Nintendoland, and recently Ninja Gaiden.
The way I see it, is the console race is heading towards a two man race between Microsoft & Nintendo, with Sony leaving the hardware business depending on the success or failure of the PS4, my reasons are below. Feel free to discuss:
Sony is more likely to drop out of the hardware business than Nintendo. There is only so long they can continue to keep making consoles and selling them at a loss, couple with the following:
It's lost its leadership in key areas of consumer electronics such as cameras & televisions, in the face of insurmountable competition from Samsung and other manufacturers.
Sony has suffered from four years of operating at a loss, and every area of its business faces stiff competition, with almost all of their divisions losing money. Sony can't afford to cut prices due to the non-existent margins on the Vita and the company’s long-term sales slump.
PS Vita is an expensive flop (sales are less than the PSP this year)
Sony has lost the last generations console race
Price of the PS4 whilst unannounced is more than likely, given Sony's track record, going to be extremely expensive.
