Video games sales are sliding, console sales are off, and executives are bailing. Despite the fact that brand new consoles launched over the holiday season and gamers would typically be snapping up video games to play on them, sales of video games in the U.S. were down by 26% in January 2104 when compared to 2013’s numbers.
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"Video games sales are sliding, console sales are off"
Really??
A combined 10 million next gen console sales in 3 month beg to differ.
Just shows no matter how well consoles sell there are always people proclaiming their doom.
TitanFall, Infamous SS and Dark Souls 2 are two biggest game out. I think its alittle to act like a chicken with its head cut off.
Here is something novel. I plunked down $500.00 for a console, $60 for a second controller, $25 for a recharge kit and $60 for a game. Hmmmm. So I didn't buy more games in January. Wonder why???? Who writes these opinions anyhow? Maybe I can start a new rumor.
Investors seem to know very little about how cycles work in this industry. Instead of drawing comparisons to the previous console launch, they see fit to draw comparison to last years sales. News flash, last year "current gen" consoles were in their 8th year of existence, they had extensive software libraries, and everyone could afford them. Now, we are in a new generation, the last gen console market is saturated, and the new consoles are far from critical mass... Everything starts over.