Is Console Gaming Dying?

mr_sifter writes "PC gamers love to obsess over whether PC gaming is dying, but bit-tech thinks it's time to look at the other side and examine if console gaming is really as secure as publishers would have us believe. All three console manufacturers suffered from the recession — this year, Sony announced its first net loss in 14 years; a stunning ¥989.9bn, which includes record losses of ¥58.5bn in its gaming sector. Microsoft also announced its first loss since it went public in 1986 in the second quarter of this financial year, with a $31 million US loss coming straight from the Entertainment and Devices division, which is responsible for the Xbox 360. Not even Nintendo has escaped the financial plague either, with sales of the Wii dropping by 67 percent in the US, 60 percent in Japan and 47 percent in the rest of the world. In addition to reduced profitability, casual games and the rise of the iPhone further suggest the current model is not invulnerable."

Comments

Of course

[Again]

Yes it is dying along with driving cars. GM lost a lot of money and so we know that people just aren't into driving cars anymore.

And I'm pretty sure that Sony and Microsoft both lost a lot of money in the format war that went on between Blueray and HD DVD. It seems to me that Sony won that war because of the PS3.

Re:Never Liked Consoles

[garynuman]

you must be a blast at parties...

Re:No

[Junior J. Junior III]

The question isn't "Is console gaming dying," but rather, "How many extra lives has it racked up?"

Re:No

[Dhraakellian]

OffTopic?

Okay, bsdgames is dying.

Re:No

[minus9]

You forgot to include the cost of a house to live in and a solid gold gaming hat which you need if you use a console.