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"I feel like consoles aren't going no where. In fact, I feel like consoles are here to stay for a very very longtime with Microsoft and Nintendo atleast."

I agree. The console market will undoubtably shrink due to smartphones, tablets, etc., but there will always be enough demand to sustain home consoles, especially considering that many developing markets still have huge potential for growth in the home console market.

Handheld gaming on the other hand...