"PS3 Domination" the coined phrase

[Avinash_Tyagi]

iconeternal said:

My friend, please justify that, What were the actual downward trends that have helped you come to that conclusion (nintendos blue ocean policy doesnt count)

As of 2005 the industry was in the best health it has ever been, so long as you dont count indipendant code shops.

I love Nintendo and funilly enough love what they have done but they have changed the industry and consumer expectations of the industry. If they hadnt come along with the wii one of the other manufacturers would be storming ahead right about now, if for no other reason that the industry would be selling to the same people as before.

The industry has been in a long term period of growth for some time and as the 'new' and up and coming medium of entertainment that trend would have continued

 profits are down, costs are rising, and companies are being forced to merge to survive, the health of the industry is always stated as revenue, but revenue is not the same as profits, costs are rising faster than revenue.  Why do you think sequels are being pushed instead of new IPs, because it is safer for the companies, due to rising costs.

Console makers are taking huge losses to try and push their wares in the hopes that enough will sell over time to gain them marketshare to recoup those losses