The current generation of game consoles could constitute the last "console cycle" as we know it, says Wedbush Morgan Securities analyst Michael Pachter.
In a massive 210-page report entitled "Money for Nothing: How Ancillary Revenues Can Extend the Console Cycle," the widely-read industry pundit and financial guru pontificates on most every facet of the videogame industry in 2009. It's a ponderous read, especially compared to Pachter's brief investor notes, but it represents the analyst's broad view of the business as it stands today.
Just like you don’t ask a woman her age, you don’t ask a Final Fantasy fan how many games there are in total.
I don't quiet get who it's directed at. General player? Sure, I can believe them not knowing some of the less popular final fantasy games. But final fantasy FANS? There is nothing forgotten about these games.
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Article aside, I've always wondered how digital downloads would impact this console life cycle. Games that last gen couldn't be fixed or upgraded via patching are fully capable of doing so now. Also firmware updates keep our respective consoles up to date with the newest software and features.
That said I think Patcher, as usual, is wrong again. Technology progresses so quickly these days that in the next 5 years there will surely be some new gaming/computing tech to be taken advantage of. Thus ensuring that another console will arrive on our doorsteps around that time, if not a bit sooner.
firstly what he's proposing sounds like the days of the 32x, sega cd, the n64's 64DD!! :-) and a few others that won't come to me, all of these we're failers even though they added something to the console that couldn't be done without it.
Things like memory via usb or memory card would be good. With modern day firmware updates we're already sort of getting the idea of gradual console upgrades rather than new models every couple of years. firmware updates are allowing the current generation change how it is represented with greater performance, more services, greater means to socalize. Firmware updates will never fail (unless they brick your console :-/) as the cost in production is pennies compared to a new addon or periferal and the majority of your users will all experiance the benefits boosting the consoles abilities rather than opportunities making it more appealing by the month rather than year or so. I know M$ haven't addopted this yet but they did do a small update recently so obviousle could take up more frequent updates if they chose if the ps3 creates a significant gap because of purely getting features out quicker via regular updates.
this has been posted before and it is relatively known pachter is an idiot
more often than not his "analysis" is wrong
do some research on his past predictions and see what he has come up with
he is guessing more than your local weather man, at least they have science