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Leaked Nintendo Switch 2 chassis "almost certainly real," analysts say | TechSpot
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The Nintendo 64 was really the last time Nintendo tried competing on hardware specs for the console market.
After that, you had a major electronics company subsidizing hardware to gain market share and a major software company subsidizing development and software graphics tools to be used also on their computer systems as the two different competitors.
The GC was significantly more powerful than the PS2.