Tech Talk: The Death of the Console
This article was first published by dmcityview.com With more platforms than ever before, entertainment dollars are stretched thin these days. Everything from live entertainment and cable television to smartphones and physical media such as DVDs are fighting for a piece of your expendable income. In this entertainment tug of war, few industries are struggling to hold their ground more than consoling gaming. In reality, the gaming industry is doing gangbusters. In 2012, all arms of the gaming world raked in a cumulative $67 billion, and in 2017 it’s projected to take in $82 billion. Still, the console gaming is battling to pull its weight. Gamers might be quick to point to Nintendo’s joke of a console, the Wii U, as the offending party, but Microsoft’s XBox One and Sony’s Playstation 4 are also falling short of previous sales benchmarks. The main reason for declining console revenues is obvious, PC and mobile gaming revenues are cannibalizing console dollars. What’s worse for ...