WW Up!

[Demotruk]

Rath said:

Demotruk said:

I'm glad there are a few here who recognise the situation. If you're not growing, you're dying. And in this case the whole industry is dying, especially considering the rate at which the costs grow in this business.

Comparing to last gen reminds me of the TV industry/commentators that say they're doing fine because they're still above revenue from the early nineties... Last gen was 5 years ago now, it's a great way to set standards low enough to pass, but it ignores the realities of the situation.

 

The videogame market follows cycles in each of the gens which are almost always very similiar, a boom at the start of the generation which slows as time goes on. The next generation starts the next boom. In reality as far as revenue goes the videogame market is expanding quite rapidly as long as you don't only compare to the last boom, but rather to the cycle.

http://gorumors.com/crunchies/video-gaming-console-market/

http://news.cnet.com/8301-13772_3-10435516-52.html

However every year manages to grow as software sales peak beyond the hardware peak. This time the industry is not managing that, as the whole business has fallen dramatically two years in a row.