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binary solo said:

Just don't be misled by all this high demand. It is a short term thing. We live in a console age where front loaded sales is the norm, and this will also apply to PS4. AND last gen was so long that there is much more pent up demand this time than there has been for the start of previous generations. People who bought PS3 in 2006/7/8 are all ready and willing to buy a new console. Whereas in the past only people who bought in the first year or 18 months were ready to buy a new console in the launch period.

Demand will taper off fast once all that early gen craziness has worked itself out. Just like Wii was a fad that went on for a quite a while, PS4 demand is also a fad, of sorts, that will fade.

PS4 will not outsell PS3 lifetime. Growth in the console market is a myth, it's gonna shrink this gen.

Having said that, current numbers are still impressive and I will enjoy them while they last.

But...the Wii was supply constrained for from launch til March/April 2008 (and the PS4 is tracking above Wii numbers). And it was only called a fad because it's appeal was waggle, not necessarily the games (otherwise the GC and 64 would have sold similar numbers). PS4 isn't about the gimmick of motion controls. It's about games, and just like the PS3 before it, it may not have 18 blockbusters at launch, but people know that those games will come (aligned launches, PS3 > 360 year to year). And now being the cheapest option with that same appeal as before, of course the numbers aren't gonna do anything but go up.

And how is the market shrinking? Gen 6 saw about 205M, IIRC, consoles sold (150M PS2, 25M Xbox, 20M GC, and 10M DC). Gen 7 is currently at 260M (100M Wii, 80M PS3, and 80M 360), with potential to grow even more since the PS3 is still selling relatively well being an almost 7 year old console. So how is growth in the console market a myth?

I generally agree with many things you say here, but I think you're just flat out wrong right now