They tried to aim for a more premium console with the N64 and the Gamecube, and the result was Sony ate their lunch.
To be fair, they shot themselves in the foot by not using CD-ROM and regular DVDs respectively. The Nintendo 64 was a very anticipated piece of hardware, but they took too long to release it and then many companies jumped ship due to said lack of CD-ROM, how long they took and cheaper licensing too most likely.
They never actually competed on equal terms thanks to Yamauchi’s stubbornness.
To be fair, they shot themselves in the foot by not using CD-ROM and regular DVDs respectively. The Nintendo 64 was a very anticipated piece of hardware, but they took too long to release it and then many companies jumped ship due to said lack of CD-ROM, how long they took and cheaper licensing too most likely.
They never actually competed on equal terms thanks to Yamauchi’s stubbornness.