They released the wii-u to keep third party devs happy as they said the wii was too weak, but then those devs said the wii-u is also too weak (as at the time they had access to ps4 and xbox1 dev kits).
Sega had issues with their last 2 console generations, when the sega32x failed, they quickly dumped it and made something newer, but the consumers got so [censored] off with the rapid release they stopped trusting sega and didnt buy what they released, the wii-u has been a disaster, I mean where is the new zelda game? Nintendo abandoned the EU tv service thing they had planned, the wii-u website still looks like its in development (probably abandoned) and 3rd party support is almost dead, ps3 has more 3rd party support than wii-u.
In my mind nintendo should give every wii-u owner either a free console (NX or whatever its called) or at least a significant discount, but they wont, so people will be [censored] off and the NX will fail big time.
The ps4 and xbox1 are both capable of excellent games, I have said in the past I think graphics are not everything, and I still stand by that, likewise tho the ps3 is still capable of excellent games, and only 2 hours ago I ordered 2 more jrpg's for the ps3.
The problems as I see it is the AAA industry has got into 2 main problems.
1 - Safety first, they prefer to release annual sequels to established franchises such as call of duty, vs trying new things. Because its not so risky on their investment. First person shooters sell well, so this has also led to FPS games having a too big share of the market.
2 - Obsession with visuals/graphics, and now also resolution. I am not against a game looking beautiful, however I am when it comes at a clear price, such as dropping framerates, lack of gameplay, expensive development meaning expensive game with lots of DLC. They also dig themselves a hole when they show one set of visuals at E3, and then a year or two later at release its all been downgraded. Sometimes entire elements of gameplay shown at E3 arent even in the final product. I also dont agree with the practice of downgrading pc versions of games because sony/microsoft wont like it when their consoles look worse.
What they need to do is firstly dont show things at E3 that dont resemble the final game, that will stop people talking about visual downgrades, also stop announcing what resolutions etc. are used on what platform, gamers if they dont know wont notice as proven before. Concentrate on gameplay and less on visuals, and try new IP out instead of annual COD games.
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