Despite the VG industry being so big, what could cause another 'crash'?

[celine]

HappySqurriel said:

celine said:

NJ5 said:
@Lafiel: I'm not sure about that... The jump from PS1 to PS2 worked fine, and the PS2 wasn't any revolution.

Someone at Nintendo ( I don't remeber who ) stated recently that they could skip  the usual sequence revolution -> evolution -> revolution.

Iwata basically stated that Wii ( and DS ) will run until they can interested people with new software offering or new accessories.

When the interest of buyers could only be sparked by a entire new hardware than they will release it.

I think this generation could be longer than useal 5 years ( if both MS and Sony want to recoup some losses ) and that Nintendo goal is to cyclically disrupt the industry using its software/hardware integration.

 

This generation will last as long as all three manufacturers are happy with their position in the market and no new competition enters the market ...

Now, I could be wrong but I suspect that Sony and Microsoft will feel entirely happy with their position as long as their userbases continue to grow at a healthy rate (7.5+ Million consoles per year) and they continue to receive healthy third party support; now that Nintendo is in the lead, I suspect they will continue to focus on the Wii as long as they continue to sell a lot of software and no new consoles are planned to be released.

 

Agree and this is why I think this generation could last longer than usual.

However one important point to make is that what will be next will not depend aggressively on graphic factor alone. Who will be the next to come out with the next big thing ?