Microsoft (gaming division)... losing tons of money
Sony (gaming division)... losing lots of money
Nintendo (the whole company is a gaming division)... making less money, but still making money
Guess which one the n00bs and fanboys (and slashdot trolls) predict will give up first? I'll give you a hint: it's the one which is currently doing best financially. That's right: Nintendo posts a decline in profits
Oh, and while I'm at it: the Gamecube is not a kiddie console. Unless, of course, you think that 50-year-olds are incapable of enjoying Super Smash Bros Melee, and Resident Evil 4 is the perfect game for a 5-year-old.
Correction: Nintendo have actually only had a decline of 20%. Their current profits are 80% of the previous quarter or whatever. And apparently now's usually a quiet time for game consoles anyway. So Nintendo are currently doing very well, and are in no danger of going under.
It's amazing how you can twist a whole news report by changing one little word :P