When the Wii and the PS3 was released, market analysts made the prediction that it would be a three way tie among the gaming consoles. Years since the current gen entered the market that prediction is starting to come true.
PS3 is starting to close the gap between the 360 and itself. Third party sales are also starting to pick up and world wide sales of many recent game releases on the PS3 are equal to that of the 360. However, development costs of the PS3 have put Sony's gaming division in the red in recent years. The PS3 slim have moved more consoles but it still cost more to make than sell. It might be a while before it can recover its losses.
While the original xbox put Microsoft in the red, the 360 has finally turned a profit in the last couple of years. But, with high failure rates and PS3 catching up with its install base, Microsoft will lose its early dominance.
Wii has the largest install base out of each Console manufacturer, but when it comes to software, only their first party titles have been selling. But one thing is clear about Nintendo is since while the company only deals in the gaming market (while Sony and Microsoft have other venues for revenue), Nintendo need to make profit on every Wii sold. Every console they sold have brought in profit for the company (unlike the 360 and PS3).
When the PS3 finally does close the gap of the 360, its unlikely that its going to outsell it. By that point the market will be too saturated with 360s and PS3s to make a difference. Not to mention the era of third party titles that define a console are over. Most publishers are now going multiplatform. First party titles like God of War and Halo are what will be thought of when considering a console.
Dimiss it as my opinion if you want but what are your thoughts? Does this seem accurate?
Just trying to be realistic.
