The author has made a fundamental mistake tand has it backwards. If we accept that the core customer for the HD consoles is a dedicated gamer we also need to recognize that they are also largely student age, high school and college and very young adult. In other words, many are dependent on part time work and other types of employment that traditionally get the axe quickest in hard times. Unemployment has always hit the young disproportionately. So no matter how ardent they are as gamers they may simply have no disposable income for video games.
The Wii apparently has a core of older adult males and parents buying them for their children. These are segments of the economy who are much more likely to have a job and although they will economize, most parents will sacrifice anything but their children’s happiness.
My take is that in an economic slowdown, Nintendo will fare better than the consoles dependent on the first to become unemployed.
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