Blame It on the Game. Nintendo and Microsoft profits down–BFD

Videogames are at a level of abundance that we haven’t seen since halfway through the last decade so it’s almost as if there’s no driving force behind the supply and demand. The prices are reasonable enough, you have three consoles to choose from, you can play games on phones, iPods and of course computers and so what’s driving people to buy these things? And if you lump on to a lack of compelling reasons to get you into the store, a poor economy and games that really aren’t winning people over well, you get poor sales. Did they really need a report to figure that out?

Hey console makers, call us when you have something important to report.

Doorbusters and Videogames — Aint Capitalism Grand?

As to whether this holiday shopping season will salvage the videogame sales slump will be determined in a month or so but for now retailers are certainly doing their part to make it happen.