Monday, January 23, 2012

Week 3 EOC: Boston Consulting Group - Video Games


I am personally not a Follower of the Video Games. However, as a youth I enjoyed my time with Sega Genesis, nintendo 64, original Playstation, and so forth. These days, I only over look what my beloved plays and talks about occasionally. Years past since my childhood years, just like me the video game industry grow. They became more extremely graphic which brought in more followers.  According to an article in the Wall Street Journal 2009 entitled Videogame Makers Can’t Dodge Recession by Yukari Iwatani Kana, informing that "videogame sales plunged by a record 29% year over year, according to market-research firm NPD Group."  Along with the fall of the cast of game console, about halfing the prices of the original prices. The addition proof is in the article from The Las Angeles Times stating "Shoppers spent just over $17 billion on video games and consoles in 2011, down from $18.6 billion in 2010, according to a report released Thursday by NPD Group Inc., a market research firm" in the article No high score for video games Unlike the years of game console going head to head with one another, these days they have a different competitor. The APPLE industry. The dozen game apps that are available is a challenge for the videogame industry. "Streaming mirroring has the potential to turn the iPad 2 from a gaming machine into a game console, just like a PlayStation 3, Nintendo Wii or Xbox 360. It’s not exactly cheap – players will need the iPad 2 ($499) and an Apple TV ($99) to get set up." states from New features could make iPad 2, ios 5 a contender against game concoles by Phil Hornshaw. Giving that there are a lot to consideration for the videogame console industry to continue the industry, holds in the youth and the future. As for I, will only watch on the side line to see what will becoming out next.  



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