A recent study by the Consumer Electronics Association (CEA) shows a projected 85 percent increase in wholesale revenue for home video game consoles in 2014.
Interesting Study. I was a little bit surprised: "more than half of gamers (54 percent) learn the most about games from friends"
And who said video games were dead?
I dont think it was ever dying, console manufacturers just waited for toolong to release a new generation
Word of mouth is an extremely effective marketing tool especially with the explosion of social media that we had over the past few years.
This gen is already much better than last one.
That's because it's a transitional generation, and the transitional generations are always great, because it's all about making games instead of spending tons of R&D learning how to program the the consoles. NES: New gen SNES & Gensis: Transitional Gen for 2D gaming (considered a great) N64 / PS1 / Saturn: The 3D Revolution GC / PS2 / DC / XBox: Transitional Gen for 3D gaming (consider a great, especially PS2) PS3, XB360, Wii: HD Gen, Get Fit craze (Wii was still transitional, while PS360 weren't) PS4 / XBO / Wii U: Transitional Gen for HD console The transitional gens are always great, because it's the 2nd go round for master what the previous consoles were striving for. At least that's how I see it.
Very much like the tick tock schedule intel uses for their cpu architectures.
I am absolutely loving this gen.
I'm not sure why economists don't get this... It's the same trend EVERY generation. The market shrinks as the consoles reach their twilight years, then new consoles come out and there's growth again. As the console prices reach mass market appeal, sales continue to grow. Then the market gets saturated and it shrinks again.
Yes but this historic adoption so quickly though.
Right. I'm speaking to the idea that gaming was 'doomed' simply because overall sales shrunk leading up to the next gen launches. Analysts wrongly took it to mean console gaming was losing popularity.
It's been amazing so far. #PS4
Loving the wii u but not sure out of the 2 I would go of next. Or go for a wii u /PC combo...
Good to know gaming is known throughout the world as a successful & viable form of media. Gateway MT6706 2008
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