Life After the Video Game Crash

Everybody old enough to remember knows that the videogame industry hasn't always been a thriving business and actually experienced a crash at one time, but everything is good now. Right? Well, one analyst believes we could be on the verge of another videogame crash. Could he be right?

From the article:

Now imagine four thousand of those stacks, and then imagine someone setting them on fire. That's what the XBox has done for Microsoft. If, after I tired of playing the only game available for my console (Cat Poker Tournament) I sat down and mailed a $20 bill to every single gamer in America, I would still be $2 billion ahead of the XBox.

Think about that, and think about how Sony plans to take a $400 to $500 loss on every single damned PS3 they sell for the first few years. Oh, I know they can make that money back on the games... if the consoles sell like hotcakes in a colony for hotcake addicts during a hotcake shortage. But only if.

Read the full article over at Pointlesswasteoftime.com

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