Not really. The N64 was late. By the time it hit shelves, the battle was over, and PS1 had soundly defeated the Saturn in America.
In Japan, the N64 had very little of interest at launch, leading to poor sales. This discouraged japanese developers from adopting it, leading to a dearth of software in the US(despite somewhat better sales).
Sony makes a good profit off software licenses too.
Check the sales #s. PS2 games still move at a fairly brisk rate.
True but then FF7 will be then on N64 not PS if it was a CD system. Well at least The Saturn was No.2 in Japan and the Far East cuz of its 2D and fighting games.