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Wednesday June 14, 2006 4:25 am
The High Cost of Gaming Enthusiasm
The title of “hard-core gamer” officially has a luxury price tag attached to it, as game console prices and the cost of outfitting PC’s with the latest high-end gaming capability climb to the stratosphere. For an industry which thrives upon technology upgrades, it’s a good thing that gamers who crave the bragging rights of being the first on their block to own the latest thing are largely insensitive to prices. However, some are wondering if the video game industry might be about to face its first dip within the “rush-to-upgrade” demographic. “You never had to buy a new TV before to play video games,” said Michael Pachter, a video game analyst at Wedbush Morgan Securities. Industry analysts like Pachter fear that the sharp price increase required to upgrade to the latest consoles in particular will keep the average gamer sidelined. If the video game industry forces the majority of its customers out of the game, it will eventually only succeed in bringing about its own demise. But for now, the early-adopters are enjoying the ride.
Read More | Yahoo.com
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