Train wreck on 25 April 2012
I've been saying since January that there will be a sequencal decline (generation wise) in handheld and console gaming revenue with this new generation.
You don't even have to look that far.
Retailers:
Gamestop: closing more stores this year than opening
Best Buy: closing 50 stores by May, more later this year
Radio shack: Struggling
Retail landscape for gaming outlets is shrinking and will continue to do so this year and for the foreseeable future.
Companies:
Pretty much every gaming company has struggled for the better part 12 years, with slight blips through that time. With this new generation coming up, there really cant be no room for failures, production and licensing costs are just too high.
