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> is this revenue rate sustainable or it is an unnatural pump that will die out in a couple of years? The revenue rate already isn't sustainable for anyone who
by trynewideas 6y ago
> is this revenue rate sustainable or it is an unnatural pump that will die out in a couple of years?
The revenue rate already isn't sustainable for anyone who isn't Nintendo, Sony, or Microsoft (and as the story notes, Nintendo won the quarter in part by taking enough business this quarter from Sony and Microsoft for them to end _down_ even with some big announcements and releases).
There's a real fear in studios that between the pandemic, unemployment spikes, expenses in moving to remote work coming before savings from getting rid of offices, and the broader economic malaise, this represents the last bit of inflation before wallets close for years and the games industry bubble pops for many, many studios.
- username90 6y agoGaming is an inferior good so it doesn't follow the normal market dynamics. When people have less money they can't spend their time doing expensive activities, so they spend more time gaming since it is one of the cheapest ways to spend your time.
- smabie 6y ago100% this. Gaming is like ramen noodles.