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Old November 10, 2012, 08:07 AM
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Pelt Pelt is offline
Join Date: Apr 2009
Location: Stewiacke, Nova Scotia
Posts: 357

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I tend to agree with Headshots assessment of the situation. The market currently is just saturated. All those who planned on buying a console have done so the market will only support so much growth for so long, at some point it reaches equilibrium. I believe that is what we are seeing now, most people who may be in the market for consoles are likely buying used vice new as they know a new generation of consoles is just on the horizon.

In short demand for consoles is down therefore there is a surplus of consoles which in turn will put downward pressure on console prices (which we have seen most new consoles are bundled with games and peripherals), this downward pressure will result in increase of demand for the time being. What needs to happen in the console world is they need to put out a new product in order to stimulate increased demand.

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