| FishyJoe said: "This reflects a simple fact: Fewer consumers will be blowing their paychecks on video games if the economy turns south." Yet the game market and especially Nintendo sales have demonstrated the opposite. The economy has turned south, or has he not been watching the markets for the last six months. So it's neither simple nor a fact. |
I should know better than to comment on this, in the Nintendo section, on a week when there has been some truely pathetic articles against the Wii but all the hate here is kind of stupid. Since I don't care to adress it all I will only comment on this. The economy sucks atm fishyjoe, but it doesn't suck that bad, atleast away from the east coast, out west it isn't to bad. People, instead of going on vacation somewhere are deciding to spend their money on a video game console, mostly the Wii atm. If the economy gets worse, then those casuals that Nintendo is trying to pick up won't want to waste any money on frivolous things like video games. Thus causing the slow down that the article is talking about. The core gamers will continue to buy systems and games because that is what they love and they will find a way. Maybe some of them pick up a Wii, maybe some see value in the PS3/360. Also, if the economy does get worse, that means the dollar is worth less against the yen and the money they make from America is worth as much, dropping their profits for the next year. Try to lay off the caffein people, take a deep breath, this is posted on businessweek, not like it is a gaming website that "feels threatened" by the Wii or some other bull. Just looking at the future money making opportunities for Nintendo.
