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Naum said:
The thing is most of them have only themselves to blame.

It isn't like people spend less money on games now then 5 years ago, it's quite the contrary.

 

 Absolutely, this is critical to my point. It would be more understandable if these companies were in a dying market. Say, they were CD manufacturers. Obviously, CDs (as in the hardware itself, the literal disc) are slowly dying, as music moves in to digital distribution and most business related tasks have moved to DVD or online. If you are a manufacturer of Compact Discs, I can understand why your business may be declining.

However, that is not the situation these companies are in. The industry is booming, and we're breaking revenue records year after year. The fact that these companies still manage to struggle in such an environment does seem to suggest the blame falls on the companies' heads.



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