I added up the current console sales update for all systems: America vs Europe. Amazingly, the European sales pretty much matched American sales at 168 to 169 thousand units sold for the week. European sales were only 100 to 200 behind the US sales. Very impressive. Europe may become the dominating sales territory for games worldwide soon. Boy, have things changed since the Europeans always got the shaft and recieved games/consoles last. This is great to see.

I am a US citizen, but Europe is a massive territory and it would make sense. Now we just need more creative European talent to become just as big of a force in making games. I'm sure there is so much untapped potential in this region. After all, Europe is home to most of the greatest artistry and musicians in history, in my opinion. A new European console would be a great step forward. What do you guys think?

Europe = 750 million people

USA = 340 million people

Not a surprise they have a large console market. Also, there are plenty of great European developers (CD Project for example), but I don't see a tech company from them which could dominate the landscape. I mean unless you count the companies that hide their money in Switzerland or Ireland, in that case you have plenty of contenders.

"Europe" is so much bigger in population, geography and varied identity than the USA. The fact that console sales in "Europe" are very close to those of North America is actually not all that impressive, and suggests "Europe" has a long way to go before it could be seen as equivalent to the USA.

I don't think there is a Eurpoean tech / electronic company with a global identity that would be a natural choice as a console maker. I certainly don't want a company like Ubisoft getting into that side of the industry. And companies that aren't in on the software side basically have no identify in gaming. Going in MS already had a strong connection to gaming, given that Windows was and remains the go to OS for PC gaming. So MS had at least some connection to gaming before they launched into consoles. And it's been a mixed bag for them even after 16 years of trying.

There's actually a lot of people in Europe who tend to stay out of console gaming in general, like each and every country east of Germany.

Europe is making games. PC games to be precise, since historically europe is far more into PC gaming than the US or Japan and still does. They didn't have a video game crash since everyone was playing on their computers instead of consoles.

As for an european console, that existed before. Just google GX 4000 and see what happened to it.

They're not already? Have America covered.

Europeans mostly desire Playstation and that is the closest Europe will ever have to its own console. Guerilla Games and a few other Sony studios do operate in Europe though. There is also no room on the market for another console since the market is in decline.

Is it, tho?

I hope for the future that in China and Korea the console sales continue to rise. So many incredible games in the past and next months! If the China/SouthKorea-market grows stronger, the whole world will profit, I think - or/right?

Console market is for sure. Handheld market might end up around 1/3 of the 7th gen and Wii U, One and PS4 between them are very unlikely to come close to the combined total of the PS2, Xbox and Gamecube, not to mention PS3, 360 and Wii.

There's a market contraction for sure, but gaming overall is growing steadily and attach rates seem to be up so overall revenue stream is quite secure, with the added bonus that software is usually better business for console manufacturers than actual hardware, which often has only small profits or even small losses.