Charts that show a decline in console retail sales don't really reflect the health of the gaming industry. One thing that must be kept in mind is that there has

Charts that show a decline in console retail sales don't really reflect the health of the gaming industry. One thing that must be kept in mind is that there has been a shift toward online sales, both on the PC, which is currently enjoying a renaissance, and on the console, and these are not reflected. Furthermore the console industry is cyclical, and sales are expected to decrease in this fashion prior to the launch of new hardware (Wii U just arrived, more coming in 2013).