This little news article caught my eye with the following paragraph:
“Best Buy is dying because the free standing consumer electronics stores model is obsolete. The albums and CDs that once occupied the most valuable space in gigantic Best Buy stores are not longer selling. Console video games are losing share to tablets. High definition wall-mounted televisions are commodities readily available at Wal-Mart (WMT), Target (TGT), or online.”
http://finance.yahoo.com/blogs/breakout/best-buy-ceo-brian-dunn-resigns-company-going-151536950.html
Where do these writers come up with this crap? I think I’m noticing a pattern that has been apparent ever since the PlayStation era. Actually, thanks to your blog, I actually now know that it has been apparent since at least the Atari crash.
The pattern is this: it is wonderful and great a for a non-video game company to succeed in the video game market. Writers cheered on Sony and later Microsoft for entering the video game market while declaring Nintendo (and later Sega) kiddie and obsolete. If a company is primarily dedicated to making video games, that’s childish. But if a company is dedicated to electronics and happens to take part in the video game market, that is mature and just wonderful. And since Microsoft and Sony have become more dedicated to video games over the past decade, writers are now throwing them under the bus while cheering on Apple.
I bet that soon enough these writers will throw Apple under the bus and declare another company to be even better.
Much stuff in the news isn’t true anymore. It’s like looking into an Alternate Universe.
What I don’t understand is why the so-called ‘smart people’ cannot explain why people buy a video game in the first place… or why a dedicated video game market can exist?
Why is it that people responsible for analyzing sales trends cannot analyze disinterest trends? Just because TV viewership goes down doesn’t mean book sales go up.
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