Wii U, PlayStation3, Xbox 360 and the Oculus Rift all have
one thing in common; they all have low growth potential. The demand for these
consoles is at a low and is decreasing every day. They aren’t valued except by
those who already have one and this makes them obsolete. These consoles are
dogs because no one wants them.
The Xbox One is a Problem Child because it was popular at
first and many loyal Xbox fans want a new console from them. Unfortunately, the
Xbox one is not doing so well in sales which leads me to believe the demand is
high but sales are low as well as many fans being disappointed by other
elements. Chris Reed from The CheatSheet, a gaming website, stated in his
article discussing the Xbox One “Not only did the Xbox One lose out to its
rival, the PlayStation 4, during the quarter, but overall sales and revenues
are down from the same quarter last year. That happened despite a $50 price cut”.
It can’t compete with the PlayStation 4
which is still in demand and making great sales.
The PlayStation 4 is in high demand. Many adults and
children alike are wanting for the newer PlayStation console. I can only
imagine how much sales will rise over the holiday. Although the PS4 is a Cash
Cow I anticipate that the newest Nintendo console which was featured in a
trailer only yesterday, October 20th, will be a success. The
innovative design which is due to be released in March of 2017 will allow
gamers to take all their games with them on the go as well as play them at
home. Although a good few fear that the Nintendo Switch will be a flop like its
predecessor, the Wii U, others believe it has great potential. There are major
concerns with the design elements as well as the practicality of it.
One major issue is storage space. One author from Forbes, David Thier writes, “Storage space is already at a premium for full
living room consoles like the Xbox One and PS4, and one wonders how much we can
squeeze into a portable device. In order to be viable, it’s going to need to
comfortably store at least five or so games, and ideally more”. Other issues David
has with the Nintendo Switch are the battery life and third party support.
The real star of gaming is unexpected and quite often
overlooked. The best market for videogames today are smartphones. Apps are in
constant demand and consumers are buying any and every game that looks
moderately interesting. “Finland’s Supercell reported $829 million in revenue
last year”, reports Ewan Spence, another Forbes writer.