Will the Economy Delay the Next Generation of Consoles?

Here's a shocker: the Xbox 360 will be four years old this November. Four years. If you remember, the original Xbox had a lifespan of four years. However, there hasn't been the slightest indication that Microsoft will release a console this year, or even next year for that matter. Why is this? It's most likely due to the recent economic slowdown.

Just think about it for a second: as the economy slows to a crawl, so do sales of non-essential items, such as video games. Microsoft will already be hard pressed to sell their current generation consoles with the current economic climate, and they are already heavily discounted since launch. Releasing a brand new system and trying to sell it at full price during a recession is sheer stupidity.

And it's not just Microsoft that's planning this. According to Microsoft's Robbie Bach, "The life cycle for this generation of consoles - and I'm not just talking about Xbox [360], I'd include Wii and PS3 as well - is probably going to be a little longer than previous generations." He also cited the economy as his reason, saying: "When you look at consumers, they are going to be more value-conscious".

Read Full Story >>
The story is too old to be commented.
heroicjanitor3624d ago

isn't even 2 yet(in Europe, where I am)

Expy3624d ago

It will, if the recession last for 2 or more years.

PPnoPP3624d ago

I suppose so even though i had hopes for the next xbox to come soon. thanks all down to that stupied DVD format is starting to show its age.

T-Baggins3624d ago

Maybe, if it gets worse, but they might put them out early if they are trying to beat a depression or something.

Show all comments (7)