Comments on: SAS Economists Podcast #6: The oligopolistic nature of the video game console market http://welkerswikinomics.com/blog/2007/11/12/sas-economists-podcast-6-the-oligopolistic-nature-of-the-video-game-console-market/ for students and teachers of Economics Wed, 23 May 2012 04:39:58 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: Sakkti http://welkerswikinomics.com/blog/2007/11/12/sas-economists-podcast-6-the-oligopolistic-nature-of-the-video-game-console-market/comment-page-1/#comment-8601 Sakkti Thu, 22 Oct 2009 01:19:47 +0000 http://welkerswikinomics.com/blog/2007/11/12/sas-economists-podcast-6-the-oligopolistic-nature-of-the-video-game-console-market/#comment-8601 This video is very interesting and it was a great idea to have a survey in the school on the preferences of the latest game consoles. In the video it was stated that the main reason why the Nintendo Wii had a greater demand and popularity was because of its revolutionary remote controller and the new gaming method and movement. However, I think the main reason why more people have the Nintendo Wii is because it is far less expensive than the other two consoles and it was released earlier around the world. Consequently, most of the gamers around the world purchased the Nintendo Wii first rather than waiting a year for the Xbox 360 or the PS3. Something that I was thinking about while watching this video was a rumor that I heard from many friends and I also read on a website that Apple would come out with its own gaming console soon. It was suppose to be a competition for Microsoft’s Xbox 360 and be a much more revolutionary game console than the Nintendo Wii. I would not be surprised if Apple did create its own gaming console after Microsoft, a company mainly concentrated on computer devices and information technology, created the first Xbox not too long ago. This video is very interesting and it was a great idea to have a survey in the school on the preferences of the latest game consoles. In the video it was stated that the main reason why the Nintendo Wii had a greater demand and popularity was because of its revolutionary remote controller and the new gaming method and movement. However, I think the main reason why more people have the Nintendo Wii is because it is far less expensive than the other two consoles and it was released earlier around the world. Consequently, most of the gamers around the world purchased the Nintendo Wii first rather than waiting a year for the Xbox 360 or the PS3.

Something that I was thinking about while watching this video was a rumor that I heard from many friends and I also read on a website that Apple would come out with its own gaming console soon. It was suppose to be a competition for Microsoft’s Xbox 360 and be a much more revolutionary game console than the Nintendo Wii. I would not be surprised if Apple did create its own gaming console after Microsoft, a company mainly concentrated on computer devices and information technology, created the first Xbox not too long ago.

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]]> By: P Patel http://welkerswikinomics.com/blog/2007/11/12/sas-economists-podcast-6-the-oligopolistic-nature-of-the-video-game-console-market/comment-page-1/#comment-7222 P Patel Wed, 17 Dec 2008 20:37:42 +0000 http://welkerswikinomics.com/blog/2007/11/12/sas-economists-podcast-6-the-oligopolistic-nature-of-the-video-game-console-market/#comment-7222 A fascinating article, I was wondering where you obtained your information on as my dissertation is based on competition in the games console industry and i'm having difficulty locating data for the three competitors! If you have any suggestions I'd be very thankful if you could let me know! many thanks A fascinating article, I was wondering where you obtained your information on as my dissertation is based on competition in the games console industry and i'm having difficulty locating data for the three competitors! If you have any suggestions I'd be very thankful if you could let me know! many thanks

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]]> By: Tim C http://welkerswikinomics.com/blog/2007/11/12/sas-economists-podcast-6-the-oligopolistic-nature-of-the-video-game-console-market/comment-page-1/#comment-3229 Tim C Mon, 12 Nov 2007 16:23:55 +0000 http://welkerswikinomics.com/blog/2007/11/12/sas-economists-podcast-6-the-oligopolistic-nature-of-the-video-game-console-market/#comment-3229 Wow yeah.. i havent played the sega for a loong time. anyways just something to add on to your topic. I heard somewhere that Microsoft actually loses money from selling the X Box system. They sell the system for less than what it's made for. But that they rely on the games themselves to make money: eg Halo 3. The Nintendo however makes money with each system sold and with it's current popularity, Nintendo should really be raking in the cash by now. Wow yeah.. i havent played the sega for a loong time. anyways just something to add on to your topic. I heard somewhere that Microsoft actually loses money from selling the X Box system. They sell the system for less than what it's made for. But that they rely on the games themselves to make money: eg Halo 3.

The Nintendo however makes money with each system sold and with it's current popularity, Nintendo should really be raking in the cash by now.

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]]> By: SAS Economists Podcast #6: The oligopolistic nature of the video game console market · Nintendo Wii Zone http://welkerswikinomics.com/blog/2007/11/12/sas-economists-podcast-6-the-oligopolistic-nature-of-the-video-game-console-market/comment-page-1/#comment-3189 SAS Economists Podcast #6: The oligopolistic nature of the video game console market · Nintendo Wii Zone Mon, 05 Nov 2007 01:44:26 +0000 http://welkerswikinomics.com/blog/2007/11/12/sas-economists-podcast-6-the-oligopolistic-nature-of-the-video-game-console-market/#comment-3189 [...] Welker’s Wikinomics Blog wrote a fantastic post today on “SAS Economists Podcast #6: The oligopolistic nature of the video game console market”Here’s ONLY a quick extract consoles has shrunk to three dominant firms: Nintendo, Microsoft and Sony. This podcast will investigate [...] [...] Welker’s Wikinomics Blog wrote a fantastic post today on “SAS Economists Podcast #6: The oligopolistic nature of the video game console market”Here’s ONLY a quick extract consoles has shrunk to three dominant firms: Nintendo, Microsoft and Sony. This podcast will investigate [...]

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