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Next Generation Not Official Until PS3

Gamespot has word that a Wedbush Morgan analyst has advised investors to hold off on throwing money at the gaming market, because the rapid growth prompted by the next generation consoles may not materialize until the PS3 launches late in 2006. He also makes some other forecasts for sectors of the gaming market. From the article: "Elsewhere in the memo, Pachter predicts that console and PC sales will finish the year up 10 percent over 2004, that a price cut for the redesigned PlayStation 2 will be enacted 'no later than fall,' and that the PlayStation Portable and Nintendo DS will have similarly successful years, moving 3.5 million and 3.6 million units, respectively."

4 of 46 comments (clear)

  1. So he is .. by FidelCatsro · · Score: 5, Informative

    So the man is advising that investors hold off on investing right now , a time when the market is mostly weaker and ripe for investment at a cheap price and Telling people to invest when the new consoles are out ,you know the time that stocks and many other things will skyrocket...

    Perhaps yes they may peak then dip towards the end of the year , but they should definantly skyrocket around the release of the new consoles, holding off is possibly only wise if you intend on investing during the calm before the storm(probably about the same position the market will be in right now , missing out on a chance to take advantage of an expected mid-end of year high).

    It hapens every time a new set of consoles are released , the market take very positive swing .. This is why i never listen to analysts

    --
    The only things certain in war are Propaganda and Death. You can never be sure which is which though
  2. Re:Did Sony fund this? by ZephyrXero · · Score: 4, Informative

    Actually, Japan hasn't been the largest market for games for quite a few years now... When Sony made the PS1 cool for non-gamers to get on board, America's sales soared. The US has the largest portion of the market these days (development as well), while the Japanese market continues to shrink each year. Apparently the Japanese care about quality and so they realize that 90% of games coming out are crap unlike the consumers over here. ;)

    As far as Xbox 360 being successful in Japan this time, it looks like they've gotten some pretty important Japanese developers on board to make it more appealing there. Many developers begrudgedly designed games for the PS2 because it was a nightmare to program on, but still had the largest market share. If there is anywhere near a tie for first place, the system that is easier to develop for will surely win out, although all 3 systems look to be pretty much the same machine...all 3 have IBM power-based processors and a next-gen PC graphics card. I personally think it's time for a console standard to be developed instead of all this non-sense...

    --
    "A truly wise man realizes he knows nothing."
  3. Re:Did Sony fund this? by soniCron88 · · Score: 5, Insightful

    If as noted Cell is as powerfull as they say it will be then nothing will be touching the ps3

    Power is nothing. The PS1 was integer based, non-texture-blending, nasty resolution, bitch to program for. The N64 was FAR superior in every respect than storage. Full screen anti-aliasing, bilinear filtered textures, the works. Xbox is far superior to the PS2. Who's winning?

    By the same token: which systems were released first, and won market share? Which systems had a multi-national market? Those are much more important than processing speed, though the systems do have to be roughly comparable.

    1:Will cell live up to the hype

    No. Cell processing, as an idea and method, are better, but this particular processor are not as powerful as people would like to believe.

    2:Can MS market to the japanese crowd

    They sure are trying really hard to. With some of the developers they've got, and their system coming out first, they may just win it.

    3:What the hell are nintendo up to

    Long as it's not another Virtual Boy, I think it's safe to know they're going to stick in the game/toy market, because MS and Sony are obviously trying to reach different types of audiences. Why people even bother comparing Nintendo to MS and Sony is beyond me. As cool as super-awesome-3D-shader-blended-real-time-lighting -highdef-output graphics are, one thing that most developers have forgotten is how to make a game.

    Making a game used to be about making it fun. But with the race to make the hardware more powerful to provide a more immersive experience, I think they forgot why they were making games in the first place. They're just making really fancy toys, but most come out like it's this really serious issue. That's not to say that there's no place for that, but what have all the most successful and super-popular games have in common? They're games! Not "experiences". Fun first, atmoshphere last.

  4. Re:Did Sony fund this? by DeadScreenSky · · Score: 4, Funny

    Apparently the Japanese care about quality and so they realize that 90% of games coming out are crap unlike the consumers over here. ;)

    I know you are semi-joking, but it's always amusing to look at the best-selling games every week in Japan. They buy a lot of shitty games, just like gamers in other countries. :D

    --
    There is no excellent beauty that hath not some strangeness in the proportion. -- Francis Bacon