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Mummelmann said:
NJ5 said:
Mummelmann said:
Avinash_Tyagi said:
Nintendo saw that the games industry was in trouble and decided to recreate gaming once again, now the games industry is railing against it

How exactly was the industry in trouble? 190 + million consoles plus a slew of handhelds, dozens of record breaking games and 10-12 million subscribers to an MMO might disagree, you know.

The industry was (and is) in trouble because of a simple problem... expenses increasing faster than revenues.

 

They're still making good profits and aren't in nearly as much trouble as the rest of the world. In fact; I'm astounded that the economic crisis hasn't affected the industry more than it has (of course, we can't know the full extent of the impact, but still).

Sony and MS have lost money on their consoles, only Nintendo makes healthy profits, other gaming companies are either dying out or merging into massive behemoths to survive, this is not the sign of a healthy industry.



 

Predictions:Sales of Wii Fit will surpass the combined sales of the Grand Theft Auto franchiseLifetime sales of Wii will surpass the combined sales of the entire Playstation family of consoles by 12/31/2015 Wii hardware sales will surpass the total hardware sales of the PS2 by 12/31/2010 Wii will have 50% marketshare or more by the end of 2008 (I was wrong!!  It was a little over 48% only)Wii will surpass 45 Million in lifetime sales by the end of 2008 (I was wrong!!  Nintendo Financials showed it fell slightly short of 45 million shipped by end of 2008)Wii will surpass 80 Million in lifetime sales by the end of 2009 (I was wrong!! Wii didn't even get to 70 Million)