Source: The Economist
Take a good long look at the graph to the right. According to an analyst for The Economist, Piers Harding-Rolls, that is how the console sales will look four years from now.
Its graphs like these that reaffirm my decision to never, ever listen to what analysts have to say about video games. They are always completely uninformed and usually way off.
Keep reading to see why anybody with an elementary school degree and a box of crayons could make a more realistic graph than Mr. Harding-Rolls.
First off, no sales chart line ever stays that smooth. They fluctuate up and down constantly based on time of year, games released, and price cuts. To see what I mean, take a look at this graph showing weekly sales for the past year. There’s not a smooth line on there. So why does Harding-Roll show the period from 06-07 as nothing but smooth lines?
Secondly, look at the point right after ’07 ends for the PS3. According to this guy, PS3 sales are going to magically double one month from now and stay that way for four years! Doing some elementary math I was able to calculate that Sony has been averaging 500k consoles per month for their first year (6 million divided by 12 months). That means in order for Sony to hit the line he is predicting and sell 70+ million consoles by 2011, they will have to start selling 1.33 million consoles EVERY month for 48 consecutive months! Everybody all together now: AHAHAHAHA, yeah right. Sony has a better chance of Bill Gates selling Microsoft to them than reaching those sales numbers.
Just for fun I’ve created a list of scenarios that would have to happen for Mr. Harding-Rolls’ graph to come true.
- Sony cuts the price of the PS3 in half.
- 360 and Wii NEVER have a price cut.
- HD-DVD loses the format war…tomorrow.
- Sony stops producing all other Blu-ray players so that the PS3 is the only one on the market.
- Sony buys all of the AAA developers including EA, Activision, and Bungie.
There ya go, Piers Harding-Rolls, all it will take for your prediction to come true is those five little things happening.
Seriously, all you analysts out there, STOP trying to predict something you obviously have no clue about. You’re just embarrassing yourselves.
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