this post was submitted on 05 Jan 2024
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@Jaes@lemmy.world wait it was a flop???
Only when compared against the previous console. Part of the problem for Nintendo is that they take a slight loss on console sales expecting to make up for that out of licensing fees from game publishers. In order for the model to be profitable they need to reach a certain sales threshold on games, and in order to do that they need a certain sized player base. If they don't hit their console sales target their market is too small, they won't sell enough games, and the per game licensing fee won't be enough to cover the shortfall for console manufacturing.
By most sane metrics the Gamecube was a decent success. By Nintendo's internal metrics it was a terrible flop. Nintendo screwed up their own price modeling on the Gamecube so badly they actually worried they might need to declare bankruptcy.
And compared to their competitor at the time which was the PS2 which is still the console that sold the most to this day.
At the time it was their lowest selling home console ever. Only Wii U has done worse since. Meanwhile PlayStation 2 is the highest selling console of all time - even to this day. The disappointing figures of GameCube led Nintendo to find their own niche with Wii.
GameCube is still my favorite game console of all time.
The GameCube being your favorite console has a lot more to do with your age, than anything to do with the console.
Same reason the NES is my all time favorite.