Is the Gaming Industry Crashing?

[Weedlab]

I think we will see a contraction, but I find 'crash' is a bit much. We will have to see how the next generation of systems do (including the Wii U). But I've noticed when companies have their backs up against the wall they tend to innovate (or at least play their cards right and do less stupid things). Sony is starting to push some good moves with the PS4 after their long low point this gen, and I expect Nintendo to do the same if things start to get sour with the Wii U.