Bodhesatva said:
This is essentially correct. Right now, the market can support 3 home consoles and the PC because the makers of some of those consoles are willing to lose billions of dollars to stay in this race. Once the market has apparently reached fruition, then people won't be willing to do that anymore. |
Truly, in any normal business situation, the PS3 and Xbox 360 would be out of business months ago. However, in a market with 2 corporate giants and one small company with 3000 employees worldwide, the 2 losers can simply milk their multi-billion dollar parent companies for all they're worth. Of course, this situation again wouldn't work if those companies had a goal of profit, but Microsoft's goal is a monopoly of home entertainment and Sony's goal is a monopoly of the much more lucrative movie market.