PS: The original comment is complete bull.

GTA IV sreies rule… but the next GTA, or sequal to IV needs planes!!

GTA4 actually sold more in its first day than san andreas
wanna know how I know that about the game?
because I did some research,which only took 5 seconds looking on the wikipedia
you really need to start getting your facts right before you start blabbering text all over the internet because your making yourself look,just a little bit retarded

Why do you thik Sony hasn’t pulled the PS2. Why do you think developers still write for it?

Gen 7 was destined to die before it even began. The Western World (especially America) sealed the generations fate for it.

Quick history lesson – during the video game crass of the early 80′s, the world was also stuck in recession. I am old enough to remember it and can promise you all that what happened then is nothing compared to what is coming.

This article is like comparing a puppy to a full grown dog and complaining that the puppy is too small and hasn’t grown to near the size of the full grown dog.

Granted, the game could still never sell another copy and the author could be correct about sales, but saying gaming is dead based on a SINGLE title still in its INFANCY is bad journalism and just goes to show how people can make up stories when they don’t have anything better to contribute.

PS3 and Xbox 360 console sales (combined even) will never come close to that of the PS2 total sales. The main reason is that the two consoles cater to a very small segment of the gaming market – the hardcore market. They can branch out and try to target a wider market (by introducing their rumored imitation wii-motes and what not) but Nintendo has already got them in their grasp. Yes, price is a factor but it’s not everything. There is a 360 SKU in the U.S. which sells only about $30 more than the Wii yet the Wii is still greatly outselling it. In Australia, the 360 is cheaper than the Wii, but guess which one is selling much better?

There is no way that as many developers today can continue to make many big budget games when the market is stagnant or decreasing. That equates to smaller profit margins and bigger financial risks. There will always be big budget games as long as their gamers who make the multi-million sellers, but I do expect to see less and less of them being made in the future from more developers. I have read some companies are already abandoning developing big budget games. Namely Atari and Hudson.

To digress, I think this will be the last generation of high end consoles. Don’t expect to see the PS4 or Xbox 720 (or whatever it will be named) to be much more powerful than its predecessors when they have lost billions of dollars for selling it for much less than it cost to produce. That business model is unlikely to be adopted next round.

Halo 3 sold millions, as did Bioshock, COD4, Age of Conan, Mario & Sonic / Olympic Games, Super Mario Galaxy, Cooking Mama, Wii Fit. For any of these games you could have tried to spin the same evidence-free story: “Sure, that game did well, but it’s sales are going to drop off because… because I say so, and anyway those sales don’t count because of some arbitrary short-term factor that I don’t understand but will cling to to support my worldview anyway.”

You’ve defined “next-gen gaming” to mean high-profile boxed products on the 360 and PS3 only (except Rock Band doesn’t count, for some reason?), and even then your numbers don’t work.

How long have you been beating this drum now? Five years? How much longer is it going to take for you to realise that there is still a huge market for games you don’t appreciate (because when you get down to it that’s all that the games that you rail against have in common, regardless of the pseudo-economic arguments you dress these attacks up in), and it isn’t going away?