Industry NewsAnalyst: We Could Be in the Final 'Console Cycle'Wired - June 29, 2009
Submitted by soupsoup (237)
at 5:16PM PST on June 29, 2009
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.
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I agree that in time media centers will run the living room but for not gameing will be centered around a home console that sits next to a cable box.