Nintendo's going nowhere. They're still pulling in way, way, way too much money to die anytime soon. Pokemon's latest iterations sold over 2 million units in just the first day... I don't even want to know what it's up to total. And this is what, Silver and Ruby? There was Red and Blue, Gold and Silver, plus yellow... stamp Pokemon on anything and it's a lisence to print money. GameBoy Advance is the Nintendo Cashcow, and will keep them afloat for a long time coming.
Nintendo's "kiddie" reputation is something I've brought up before in other places, but it's not really a "kiddie" company so much so as Family-Friendly. Nintendo themselves doesn't like to really offend people, but, they've proven good gameplay doesn't need to be (Metriod Prime, Ocarina of Time, the much underappreciated Majora's Mask, Mario 64 - the king of any 3d platform game ever made, just to name the post N-64 titles). Sometimes, Nintendo lets someone come out with something that's very not kiddie style (Conker's Bad Fur Day anyone?). Sega had poor marketing and hardware decisions plaguing them. The Sega CD, 32x, CD-X (Sega CD + 32x games), Nomad, Game Gear (Woulda been great... had it not eaten through batteries like the apocalypse was tomorrow), and to a limited degree, the Saturn, were poorly thought out. I personally love my Saturn, but the design wasn't very developer friendly. Plus, it didn't help that when Sony came in, they came in with the mindset of taking over and went absolutely nuts. Buying every exclusive right, and exclusives sales deals with retail chains hurt Sega bad. Sega's marketing plan wasn't too effective either, and the company only really had one in-house lisence to rely on (Sonic) compared to Nintendo's myriad lines (Mario, Wario, Yoshi, Zelda, Metriod). The Saturn had awesome games in the new Shining games, NiGHTS into Dreams, and Panzer Dragoon, but they were all new and didn't have the pure pulling power of the Cube's biggest sellers.
The Gamecube could die tomorrow, and it'd only be a minor setback for Nintendo. They'd sit back, rely on the GBA to pull them through (Which it could) till the next round of systems, and then they'd jump right back in. They haven't even begun to fall yet, let alone being out for the count. And even if they do drop out of the hardware market, hey, long as I get my Zelda and Mario fix somewhere, I'll be happy.
(And for those wondering, I'm not a Nintendo fanboy. I've always bought Nintendo products for each generation last. With the exception of the Gameboys... cause those pwn. And yes, I am the kind of loser who owns every major system since the Genesis/SNES days... some people are into cars, some into stereos, I'm into videogames)
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