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That article might be worth a read if it didn't start with wrong facts..

Activision reported a loss due to accounting changes following the Blizzard acquisition.
They actually had their best year ever and made over 600 million $ of profit this past year.....

 

If you combine the profit and losses of every actor in the industry I woudn't actually be surprised if we didn't have a record year for profit.

The issue is most of the profits are concentrated among very few actors ( namely Nintendo and Activision-Blizzard).



PS3-Xbox360 gap : 1.5 millions and going up in PS3 favor !

PS3-Wii gap : 20 millions and going down !