FiveOVER said:
While that's one way to look at it. I interpret it as people having less disposable income to spend on luxury items: games. |
You can detect that much better in necessary items like food or clothing. If you look at the whole market, people get more expensive food or clothing and generally more of it, if they have more income.
Luxury items can sell well even in bad economics in situations with uneven distribution of wealth. The rich buy luxury, while the poor starve. In the case of gaming console it is much simpler: focus switches from one luxury item to another - away from gaming consoles I fear.
