Glide Underground

Another crash coming?

Articles / Personal Stuff/Random News
Date: Apr 16, 2007 - 12:35 PM
The games industry hasn't seen a "crash" in the marketplace in more than two decades - but the BBC thinks that one may be on the way.

The market for computer games is stagnating. Screen Digest predicts their sales to fall to $3.7bn this year - although they at least provide a stable stream of income, says Mr Florin.

The real money spinners are console games, but subject to the ups and downs of the hardware cycle as consoles launch or go out of fashion.
It's more diversified than it was in the early 1980s, and I think that will go a long way toward preventing an actual crash, but some big companies are in situations that could easily lead to hard times.



This article is from Glide Underground
http://www.glideunderground.com/

The URL for this story is:
http://www.glideunderground.com/modules.php?op=modload&name=News&file=article&sid=2973