InvestorsHub Logo
Followers 247
Posts 13621
Boards Moderated 2
Alias Born 05/06/2009

Re: None

Wednesday, 06/27/2012 10:16:02 AM

Wednesday, June 27, 2012 10:16:02 AM

Post# of 88
Mobile 'could kill console gaming'
by Ben Parfitt

'Microsoft, Sony and Nintendo won't produce dedicated hardware beyond the next generation', says Ben Cousins

Ngmoco’s Ben Cousins has become the latest high-profile games exec to predict the death of the console.

Gamasutra reports that speaking at GDC Taipei the former EA, Sony and Lionhead, Cousins stated: "There's a potential for mobile gaming to kill console gaming. I'm talking about a significant reduction of market share with no chance of return.

"I believe that sometime during the next console generation, globally, both the revenue and the market share for games will be larger in mobile than it is for console.

“I believe Microsoft, Sony, and Nintendo won't produce dedicated hardware past the next generation. Further, I believe traditional game companies like EA will be purchased by existing digital companies, or close entirely."

Cousins believes that the decline seen in other dedicated hardware sectors – such as camcorders, GPS devices and MP3 players – is evidence of his belief. And that consoles will be next.

This info is not to be construed as a solicitation to buy/sellsecurities. Pickle reserves the right to either BUY/SELL shares in a company's stock he mentions.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.