The Video Game Industry is Dying!!!

[mhsillen]

gaming_addict24 said:

johnsobas said:

gaming_addict24 said:

johnsobas said:

gaming_addict24 said:

johnsobas said:

gaming_addict24 said:

RVDondaPC said:

gaming_addict24 said:

RVDondaPC said:

gaming_addict24 said:

stof said:
Then you should have read it RVDondaPC, because that's not what he was showing with the graph. He was using the graph to show that despite declines this year, Game sales are still at near all time high levels. He's not saying sales are declining. He's saying that despite huge sales, developers are in trouble.

And he's right. If games are selling so phenomenally well, why is it that so many companies have closed down and so many people have been laid off? Try reading it. It's a good read.

its the ECONOMY!!!!!!!

not this guys logic.

that is why companies are going bankrupt the ECONOMY!!!!!!!!

It's not the economy, it's poor management. He is using the closure of developers as a sign of hurt in the industry. But that is wrong. The industry is changing and that reveals which companies are well managed and can adapt and which companies are poorly managed and will fail. The only thing that effects the health of an industry is the demand from the consumer and it is at an all time high. Great companies will take advantage of this shift and bad companies will fail. Leaving an industry of well managed companies which will make the industry prosper greatly. 

The dynamics of the demand from customers is growing. The demand for super high budget blockbusters are growing and the demand for cheap downloadable games are also growing. If a company makes a poor decision in it's ability to develop a high budget game without being able to make a game that will sell then that company will go under. But the investment capital in the industry will not disappear it will just be moved around from one company to the next. This industry is growing and prospering like never before. The failure of a company in a growing industry only fertilizes the industry for a better company to take it's place. 

wow i dont know what planet you live on but on planet earth the economy is really bad and its made 100s of companies go bankrupt.

Yes. It has. But has it made a well managed company go bankrupt? No it has not. It made the poorly managed companies go bankrupt. What happened to the well managed companies? They have been acquiring assets at rock bottom prices for the past year which will lead to tremendous growth and prosperity for those well managed companies and the industries as a whole. 

sony lost billions of dollars because of this damn economy.

thats why they had to fire so many peope (1000s)

because of the ECONOMY!!

and sony is like the biggest electronics company in the world

you obviously have no idea what you're talking about.  Sony lost billions because they sold the PS3 for a $250+ loss and they can't get enough money back from 1st party games because they cost more than last gen and often don't sell as much.  PS2 and PSP sales have been dying off for quite a while now.  The only part about the economy that effected Sony was the exchange rate but if they would have sold the PS3 for a profit in the first place they wouldn't be losing billions.

its called MSRP my friend  lol

please don't post when you don't know anything about the topic.

MSRP to your previouse comment.

its aka buissness ethics

you are the most clueless poster i've ever seen on vgchartz.  Perhaps this a joke, i dunno but i'm not talking to you anymore.

aww why soo soon. well this was fun.

you should have taken government.

to bad

I explained. Sony overshot the market by developing an overly expensive bloated consoile that overshot the market.

Management was arragant as they thought the market would work 3 jobs to purchase this bloated Sony console that didn;t even have games