Game console sales plummet

Ok, so we weren't surprised to hear that sales of video game consoles last quarter were down 25% compared with the same quarter last year (sales of games are actually up, on the other hand). It's pretty easy to understand why: it's been a few years since the last major game console, the Xbox, hit stores and at this point everyone is already looking ahead to the Xbox 2 and the PlayStation 3. You can only drop the price of the Xbox,
the Game Cube, and the PS2 so far before you reach a point where everyone who is gonna buy one has bought one, no matter how cheap they get.

[Via EEG News]