Thats nowhere near what the overage keen gamer is or does. I was saying that the more enthusiastic gamer would cut spending to other areas before he cuts his spending on games. In times of crisis financially people will cut their pay TV subscription before they will cut their internet because internet is a higher priority. People who prioritise gaming over other forms of entertainment will cut spending on lower priority entertainment before finally cutting the budget for games. However someone who doesn't prioritise gaming as highly will cut spending on games sooner which explains why the Wii would be down more in the recession compared to the Xbox 360 and PS3 and why the Wii would benefit more than the DX9 duo if theres a major pick up in confidence.

If people are tapped out, and trying to save money and pay off their credit cards, how exactly is new hardware going to revive anything?  Do we need more motion control?  How about better graphics?

I will also add this bit to what I wrote.  Look at this following by Pachter and then ask what doesn't look right about it:

That’s not to say that Nintendo was the only offender. Pachter also laments the fact that a number of key titles – Alan Wake, Prince of Persia, Blur, Shrek, Lost Planet 2, Iron Man 2 and Skate 3 all sold fewer than 200,000 units.

Outside of MAYBE Alan Wake, which of those titles strike you as "key" titles?  I don't see anything there that should push over 200,000 units in a month.  One could argue IF Alan Wake is in a genre people are hot over, then yes.  But, I see Alan Wake as not being in a major genre at all.  It just isn't.  What I do see out of Pachter here is a money person's grasp of the videogame industry and someone who actually knows it.  It is a person who looks at the financial values of IPs and how they spin in the market.  It doesn't actually look at the quality of the titles themselves, or ask if they intrinsically will resonate.  It is by the numbers, without gut understanding.  And this botchery of understanding is why Pachter is as bad as he is at predicting anything.  See my signature below to see how badly Pachter has blown it in the past.

You see, if Pachter had a clue, then he would understand that RDR could do real good numbers, if it executed well and brought something new to the multiplayer arena as it had.  Western or no, it can happen.  The same with Assassin's Creed also and what it has done.

Its hard to buy all the great games that come out and actually have time to play them. Plus summer is the time many people slow down on gaming and enjoy the outdoors. This doom kind of talking is intresting, but it is obvious times are changing. People could play great games like Red Dead Redemption forever, with its great single player and great online experience. A lot of games just have great value and just eat up a lot of time.

The thing about Red Dead to, is that it is the top game of its type, and that lends to it also getting a lot of interest to.  The Western now has its Halo, and it is RDR.

You know, its really sad how close minded some of you are being about what is being stated IN THIS ANALYSIS and just reacting emotionally to your opinion of the man.  Why?  Because of this:

"“Rather, we believe that the publishers and developers of games have created more robust multiplayer content in recent years that has resulted in core gamers playing the same games for much longer, on average, than they did in the past, leading to lower sales of new games.

“We expect the publishers to monetise the value created by online play, led by Activision. We continue to expect Activision to find a way to monetize the 1.75bn hours of Call of Duty Modern Warfare 2 online play on the Xbox 360 in the first five months following the game’s release."

Folks, that's the scariest bit of truth I've read from him maybe ever.  How many people do you know that are simply playing CoD or Halo multiplayer more than any release this year?  Why by single player Alan Wake when you can still play multiplayer games from last year or older that have thriving communities?  Bobby Kotick realizes this and wants to figure out a way to charge you to play CoD on a monthly basis if you're going to play online multiplayer.  AND HE'S GOING TO FIND A WAY TO DO IT AND EA/MADDEN WILL FOLLOW SUIT.  

And if you think that's going to fail, then you don't realize how many of us gamers are sheep.  

There are some problems that are fixable, but don't think for a minute that this analysis is off.  Its quite impressive, in an apocalyptic way ...

I think an industry collapse would be a good thing. Bring it back to basics. Or kill it outright. Either would be preferable to where its going now. 

Patcher's a freakin moron, or he's trying to push an agenda (or both). He blames Nintendo primarily for the decline of the industry, yet Nintendo have been the ones EXPANDING the industry and reaching out to new gamers, something Sony and MS have failed to do. Without the Wii, the industry would be on the brink of destruction right now. You have one of the most successful consoles of all time, and STILL the industry is in decline. Imagine where the industry would be WITHOUT Nintendo!

Even now, 4 years later, it continues to boggle my mind how such a successful console has gotten such a collective criticism and doomsday claims by the delusional people within the games industry. You would think that the Wii has gotten 10 million sales rather than 72 million judging from all the negativity.

I call this 'decline' competition.

Nintendo is always doomed no matter what they do to the industry.

Pachter is paid big money to understand how the videogame industry works, and why things do what they do.  When reality isn't going the way he expects, he is going to get all doom and gloom.  Nintendo made him look horrible, because it makes his life much more difficult.  He can't simply phone in his analysis and run his formulas.  He is forced to actually do work, and take chances, and watch his job get more risky.  The end result is that he ends up a spot where his job becomes more of becoming a gambler, with less certain information, and where he can end up looking horrible.  With all this about, he now projects the videogame industry is going into permanent decline.