"The Console Market is Shrinking" is a BS Statement

[S.T.A.G.E.]

nitekrawler1285 said:

Shaunaka said:

 

But I ask again, are there less gamers spending money now than before? Is the market shrinking? Are those companies making less money than before? I don't think so.

Due to stagnant wages in comparison with inflation and high unemployment at least in the US one can argue that less gamers will be spending money now than before and that the market is shrinking. Even if companies  made the same amount of money dime for dime that would actually still be a contraction because the price of game development still rises and they have to recoup those costs.   

Has nothing to do with that. The 70% of the wii audience will not return to the gaming unless a new fad creates itself. If there is a good product with a good price people will buy it. Analysts knew the Wii  would need a potent successor if the non-gamers were to come back after the Wii's gen.