Dinomax said:
I'm sorry I don't know fully about economics being I'v never taken a course or have a diploma or bachelors degree like yourself. Please explain to us all mighty educated one. Unless your just putting up a front on a internet forum. Yeah I sure didn't also notice how much the video game market changed, being mostly a SEGA console owner as well a regular at the local arcades. You sure got me there.
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The only degree you need to understand the basics of economics is one from a half decent high school. Some things you should realize are that Sony's stock price and overall health is not so directly related to its console sales (it's a much bigger company than video games), their stock drops have nothing to do with how poorly their vg sector is doing (otherwise they'd have had this trouble a long time ago), Sony's PS3 sales haven't been slowed one bit by the economy's downturn (its other products have), and all companies are taking a hit to some degree even while doing very well (like Nintendo) because the economy goes beyond simple sell-through numbers and profit margins. Really, there's a lot more going on than "Oh, the PS3's sales suck so lol" and in truth that's virtually a non-factor at this point.
Also, you seem to have absolutely no understanding what competition does to a market. When Sony rose to power and added a third competitor to the market dozens of virtually unknown companies suddenly became stars and most of the companies that came before them were still doing fine. While the PS certainly took market share from its competition, its very existance allowed the market to grow at a significantly faster pace than it would have otherwise because they brought a whole new perspecitve to the video game business. More competitors = cheaper prices and/or improved products. Because Sony came in and threw around a lot of money, a lot of games got made that wouldn't have otherwise and the companies that didn't benefit directly worked harder so they could keep their own share of the pie. Sony really opened up Europe in a way that Sega could not, it created opportunities for developers that never would have been accepted in to the business otherwise, and it even spurred MS into action to create further competition. Because Sony is in video games more money is being spent to compete for your attention as a gamer (rather than a comercial watcher) than any time before the PS1's launch.
You do not have the right to never be offended.
