So the Wii didn't outsell the PS3 and XB360?
The Wii brought great happiness to Nintendo during its first 2 years because it sold lots of hardware and 1st-party software.
That happiness faded away when, by 2010, the company's revenue was slipping and by 2012 they posted losses for the first time in 30 years. And by the time the Wii U launched, they
noticed they had already alienated 3rd parties so much that besides a few titles that inevitably went wrong, the Wii U became a desert for anything but 1st/2nd party and FIFA.
So looking back, was the Wii a successful console on the long term for the company? Maybe it wasn't.
The 3DS didn't massacre the Vita in sales?
At launch week it was 1.24 Million 3DSes vs. 1.1 Million Vitas. Hardly a
massacre.
Then the sales got rather poor for both consoles. The difference is that while Nintendo fought hard to keep making titles for the 3DS (Nintendo is a lot more dependent on their handhelds than Sony ever was), Sony actively shat on their own platform. Unlike the 3DS, the Vita never got any reasonable 1st-party attention, Sony hardly ever mentioned the handheld during the largest conventions like E3, and good franchises had their names scarred by incompetent offshore development.
Vita's demise was manufactured by Sony. Maybe it was because due to the earthquakes and subsequent losses they could only afford one platform to get sufficient attention and they chose the PS3, maybe they became afraid of smartphones becoming so much more powerful so soon that they thought iOS and Android gaming would screw their investment anyways, who knows...
But the Vita's
failure was definitely a decision made by Sony during its first year in the market. Of that I have no doubts.
Power is not the be-all and end-all of gaming.
Nothing is the be-all and end-all of gaming. Power just happens to be immensely important.
Have you seen the total revenue of iOS games?
Have you seen the total revenue of cheap cars? Why should car makers ever release expensive cars?
Have you seen the total revenue of cheap socks? Why should sock makers ever release anything but cheap socks?