Time Talks Games And Economy...And Gets It Wrong
No, Bill's not bragging about his RRoD. We have to assume that the in-depth article may discuss how the Xbox 360 has become more reliable (or so one would hope), but the crux of the matter is how the game industry is often a good economic indicator.
Now, before we summarize the article, let's explain something: Thomas Jefferson said the economy is magic. If you tell people the economy is bad, it will be bad. If you say the economy is good, it will be good. In some capacity, small or large, the media is responsible for the current state of the economy. And it always is. That being said, the Time Article talks about how the April sales of the game industry are "troubling." Sales of games dipped 23% and console sales were down 40%. Then it goes on to the painfully uninformed conclusion that such numbers are a "clear sign that sales of consumer electronics are in a flat spin." And this, my friends, is what happens when those completely unfamiliar with this industry pose as industry journalists. Apparently, even a publication like Time hasn't figured it out.
The video game industry thrives on software. Software people want to buy. Hence, examining sales in this industry isn't the same as examining the sales of freakin' iPods. If there are no big games out that people want, both software and hardware sales will dive big time. Now, 'ahem'...what happened in April? Take a quick look to see what released. Yeah. Nothing. April was a dead month. Perhaps it doesn't matter to these people that industry analysts have already predicted another huge year in 2009, and that Sony has upped their fiscal PlayStation 3 sales projection by 30%. And of course, why bother to look at NPD numbers in months when huge releases reigned? And when the economy was at its lowest (early this year), what were the numbers like? In comparison, not too shabby, no? People didn't buy a lot of software and hardware in April because there wasn't sh** to buy. ...and these are professional journalists? Really?
5/15/2009 Ben Dutka
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Comments (46 posts)
EddPm6
Friday, May 15, 2009 @ 10:35:21 PM
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WorldEndsWithMe
Friday, May 15, 2009 @ 10:47:03 PM
Banky A
Saturday, May 16, 2009 @ 6:49:28 AM
NiteKrawler
Saturday, May 16, 2009 @ 3:54:24 PM
tes37
Friday, May 15, 2009 @ 10:37:56 PM
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sunspider13
Friday, May 15, 2009 @ 11:47:11 PM
WorldEndsWithMe
Friday, May 15, 2009 @ 10:46:21 PM
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Scarecrow
Friday, May 15, 2009 @ 10:47:40 PM
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American cars = failure
TV = failure (minus sports)
Advertising = failure (for the most part, specially tv ads)
So they're trying to push anything that is "American" like Microsoft down our throats
Just how they're trying to blame Japanese made cars, etc.
Funny, it's all propaganda and angedas. Sadly the majority of Americans will believe any bullsh*t they see/read out of these "big companies" like TIME.
Well we'll see, I know for a fact GT5 will steal Europe.
Uncharted 2 and GOWIII will conquer the US in a sweet way.
There's a future for ps3
There's really not future for 360
Reccaman18
Friday, May 15, 2009 @ 11:10:24 PM
WorldEndsWithMe
Friday, May 15, 2009 @ 11:30:33 PM
migabyte
Saturday, May 16, 2009 @ 12:50:58 AM
zerostar39
Saturday, May 16, 2009 @ 12:43:48 AM
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fluffernutter
Saturday, May 16, 2009 @ 2:11:28 AM
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* The author of this statement does not advise nor condone that anyone attempt to snail mail a package of some stinky fecal matter anonymously through that wonderful site that offers this highly rewarding service to the aforementioned "journalist".
Last edited by fluffernutter on 5/16/2009 2:14:08 AM
BikerSaint
Saturday, May 16, 2009 @ 2:41:31 AM
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Wonder if they'll come with airbags too?
Last edited by BikerSaint on 5/16/2009 2:42:23 AM
Byakko2009
Saturday, May 16, 2009 @ 3:50:58 AM
robinhood2010
Saturday, May 16, 2009 @ 6:59:12 AM
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BikerSaint
Sunday, May 17, 2009 @ 9:28:00 PM
fatelementality
Saturday, May 16, 2009 @ 10:22:13 AM
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rjmacready
Saturday, May 16, 2009 @ 10:25:57 AM
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Ben Dutka PSXE [Administrator]
Saturday, May 16, 2009 @ 10:30:16 AM
WorldEndsWithMe
Saturday, May 16, 2009 @ 2:10:43 PM
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NiteKrawler
Saturday, May 16, 2009 @ 3:57:38 PM
Reply
WorldEndsWithMe
Saturday, May 16, 2009 @ 4:39:30 PM
tes37
Saturday, May 16, 2009 @ 4:44:55 PM
fluffernutter
Sunday, May 17, 2009 @ 1:09:10 PM
fluffernutter
Sunday, May 17, 2009 @ 1:12:30 PM
Last edited by fluffernutter on 5/17/2009 1:12:51 PM
Dancemachine55
Sunday, May 17, 2009 @ 7:09:29 AM
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Also, it is mostly Americans who are the biggest Xbox, Microsoft and 360 fans because it is an American product.
Smart, educated Americans who do their research tend to prefer the PS3 for its performance and reliability.
As an Aussie (Australian for anyone who didn't know), the 360 is only popular here because it is nearly half the price of the PS3, here's the price listing:
PS3 (80GB) - $699
XBOX 360 (60GB Pro) - $399
Wii - $399
Now do you see why 360 sells a little better here in Oz?
fluffernutter
Sunday, May 17, 2009 @ 1:19:07 PM
My wife wasn't super bad but years ago she didn't understand why I researched my future electronics purchases in any realm such as computers, DVD players, memory card until we got an HDTV. I took her to Fry's. We went down the aisles and I showed her TVs and it just HIT her like a ton of bricks. She understood the difference in options and picture quality. It was amazing and now she doesn't question the purpose of research or why I might spend a little more money on a certain item.
I'm not saying that spending more always gets you more bang for the buck. Trust me, my Sammy in the bedroom was cheaper than the other comparable Sony but that's because I got it for over 1100 off of retail.
Sorry for going on a side road from the topic but misguided purchases by the masses really gets me in the keister. Anything done by the masses of society really gets me burning. Grr!
Last edited by fluffernutter on 5/17/2009 1:20:21 PM
BikerSaint
Tuesday, May 19, 2009 @ 3:36:12 PM
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Zemus101
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Friday, May 15, 2009 @ 10:20:47 PM