On Gear Live: Samsung S95C: The OLED TV You Can’t Afford (to Ignore!)

Latest Gear Live Videos

Wednesday December 21, 2005 12:20 pm

Game Stocks to Rise in ‘06?




Posted by Brandon Gribin Categories: Corporate News,

According to DFC Intelligence, it may be time to invest in the videogame industry if you haven’t already. Based upon history, DFC claims the industry is set to rise in 2006. How, you ask? Well, as of right now it’s looking like 2006 will closely mirror 2001. In 2001, one console was out on the market already (PS2) while two more launched at the end of the year (GCN and Xbox). Similarly, in 2006, one console will have already been out on the market (Xbox 360) and two are expected to launch by year’s end (PS3 and Revolution).

So what? Well in 2001, as you can see in an image in the linked story, industry stocks peaked in 2001. And since 2006 will be similar to 2001, DFC says the industry could see a boom next year. Clearly though, 2006 is not 2001 and although history can repeat itself, it doesn’t always. Furthermore, these expectations should already be built into the stock prices. But who knows, DFC may be onto something here.


Read More | GameDailyBiz

  • Related Tags:

Advertisement

Advertisement

Commenting is not available in this channel entry.

Advertisement

{solspace:toolbar}