Did Purple Hurt the GameCube?

The GameCube is a great system. The games that have graced it are some of the best ever. But at the end of this cycle, I’m left wondering. Why did it place third? Did purple hurt it’s sales and give the brand a bad image from the start? Granted, I know a lot more than just a color goes into a successful product, but maybe it did have an adverse effect.

Penny for your thoughts?