| Squilliam said: I have a simple explanation. 1. Recession: I.E. people who aren't keen gamers are going to put it lower on their list of priorities. So going outside in the middle of summer during a recession is going to be a little bit more appealing than it used to be. That oil spill doesn't help confidence much either! 2. Time of year. Since they often less keen gamers they are more likely to recieve a greater proportion of their software library as gifts. This time of year simply isn't gift giving season. |
1. Recession isn't stopping PC Gaming and Mobile Gaming from growing.
2. Irrelevant.
While I do think recession has a hand in the decline of console sales, it can't be the only reason.
I think another huge factor is that this generation is past it's prime. Every generation, the first few years give great growth to the console industry, but after that they usually stop growing. In this generation, because of the recession, it is making the consoles sales decline considerably instead of just stagnating.
In order to make the industry grow, they need to release the next generation as soon as possible (2010/2011?). The downside of that would be that the costs would rise astronomically, and companies wouldn't make profit.
In short, the longer this generation lasts, the more the console gaming industry declines in revenue, but the more profit they make.
