With mobile gaming seemingly on a never ending rise what effect will this have on the home console market? According to folks from NASDAQ, the American stock market, the answer is 'not a good one'.
According to financial expert Rebecca Lipman "Modern Warfare 3
will be the biggest console release for the year when it hits shelves on November 8th." however, if the industry continues to lose its customer base "it may be the last big console entertainment launch for the rest of time."
This is a big claim. Sure, some areas of the industry seem to be in decline. Reports of studios shutting down appear on an almost weekly basis. Sales of consoles are indeed down; look at the 3DS if you need proof. The 360, PS3 and Wii are now seen as aging systems and the economic downturn worldwide means that people just don't have as much money to spend.
Quick, cheap games on our mobiles are in vogue. Whether the industry will swing back the other way some time, we cannot say, but it's certainly something to think about.