Are we starting to see a decline in demand for gaming consoles or will Sony, MS and Nintendo cash-in on the long tail theory on the PS3, Xbox and Wii, respectively.
The long tail theory to those that are new to the business world is a concept of frequency distribution. In "long-tailed" distributions a high-frequency population is followed by a low-frequency population which gradually "tails off" asymptotically. The events at the far end of the tail have a very low probability of occurrence. Companies cash-in the long tail by extending markets, with the PS2 being the perfect example.
In this article, the author questions why there are plenty of consoles available for sale at their local Best Buy. He/She questions if its a sign of the times and the economy we face or is their a decline in demand for gaming consoles. The author ponders if the Wii has reached its end or is it finally not popular even to the casual gamer?