I found this news article on Gamespot rather humourous. Especially the part where they refer to this analyst, Michael Pachter, who is predicting doom for the industry. Gee, if he didn't just prove that he knew nothing by predicting that the sales for this month would be way higher than they were. I love that logic. "This guy was totally wrong about this topic. But here is what he says about this topic in the future". I predict oil prices will go down over the next year. Way down.
This article led this Slashdot poster to believe that MMORPGs might be the cause. Of course, this inference is meaningless. What is interesting though is that if this is true, consoles will have to have a fast response on this front. They need to make MMORPGs work on consoles (except for Nintendo, whose consoles are niche and are clearly for people who enjoy having friends over to play). Good luck guys.
I think what is more likely is that consumers are just holding out on the current generation consoles until all the players are on the field. People are saving up months ahead so that they can get a PS3, or they are waiting for the 360 price drop that is imminent. I have often talked about starting some kind of PS3 fund this year, and I was only half-joking. I'm sure many people are doing the same. What are your plans for the next generation consoles?
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