This is some hardcore history rewriting.
NES, SNES, N64 and GameCube were all high-spec machines. There's some major cognitive dissonance happening if you believe the Wii was Nintendo being stubborn instead of taking a massive risk.
Wii had better third party support than the GameCube.
Wii is still great for Nintendo as they're still making a profit on it and all their evergreen titles.
I wasn't talking about specs. As I mentioned I think they had little choice but to go the Wii route as I think they just wouldn't have been able to compete with MS and Sony toe to toe given the tech, online, third party love and general high end nature of the business that the other two took. Both strategies would have been risky but as a gamer the one they took with Wii wasn't the one I wanted. It was stubbornness, bad research or just plain stupidity in my books that they released a console so far from the competitors it wasn't in the same universe. And I bet Nintendo in their arrogance would never have thought the Wii was going to essentially end up the "casual console". Iwata himself even said as much.
They had a bunch of third party software and sales for a few years then it had a downturn?
That sounds like a normal console generation.
Waiting five years for the first drop to say their bubble has burst or the fad is over is a bit silly. They aren't un-selling Wiis. The Wii has also gone down in price only, and hasn't risen up. Eventually, you run out of people to sell consoles to. Nobody sane ever thought they'd be selling out the Wii forever.
Sorry, I wasn't clear. By third party I was meaning the AAA third party western stuff that the Wii just didn't really see.
Also their bubble burst years ago, 2009 I think it was. Just look at the stock price. At that point it became quite apparent things were not going to go as well for them over the next few years. Yes, drops are normal as the cycle winds down but the Wii one has been pretty steep. MS managed to revive their console and give it a second life.
My ranting can essential be summed up by saying "I'm pissed off with Nintendo that the Wii was so low tech that it missed out on all the sumptuous 3rd party games of this gen and that I had to get another console to play them. That, I consider Nintendo's fault and I am not a happy camper". We can argue financials, Wii sales records and bathtubs of money for Iwata and his hoes, until the cows come home, but that doesn't fix the situation for me as a gamer and a Nintendo game fan. After a few generations now of Nintendo being stubborn and not a great third party home, then repeatedly saying how next time they will do better, then not, I'm becoming a little jaded. I don't think that's unjustified.
Anyway sorry for a minor derail.