Can Nintendo Wii and Game Consoles Reinvent Themselves?
26.04.11
Back in 1972, Atari's Pong was a rec-room phenom -- and the first computer in most homes.
Since then, video game consoles have continued to push the technology envelope far ahead of personal computers, now responding to a wave of your hand, for example, or the sound of your voice.
But consoles like Nintendo's Wii have lost some of their luster of late and are under attack from all sides.
Countless other devices are now used for gaming, after all, ranging from iPhones to iPads, TVs to tablets. There are massively multiplayer games like World of Warcraft with 12 million players on the PC. Zynga's Facebook franchise FarmVille is such a hit that investors have pegged the company at nearly $10 billion.
Worse, the consoles themselves are being used less and less for games: People now spend about 30 hours a month or more watching movies on the Xbox platform -- that's time not spent playing Halo or Grand Theft Auto .
Granted, video gaming is still a multi-billion dollar business. And each of the major gaming consoles has seen its fortunes peak when the introduction of a new technology. Sony's PlayStation 2 got parents to pony up in 2000 because it included a DVD player (how futuristic!) for mom and dad to watch movies on. More recently, Microsoft's Kinect add-on for the Xbox 360 became the fastest selling consumer electronics product ever.
[ Via: Fox News | Read more... ]