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A decline in hardware revenue? That's their basis for this claim? I don't see hardware declining at all. If one console fails to exceed last year's total then obviously that sale will go to another console. We are at the infancy of this generation and as prices get closer to the magic $199 price point hardware sales will only increase. The fence-sitters from last generation will certainly be taking sides and they totally dismiss Nintendo's blue ocean strategy.

How much do these analysts make again? Maybe we can take shots at analyzing their falling salaries in the coming year.