Analysts predict Nintendo will suffer most in the credit crunch

Casual gamers will cut back, they say

Analysts predict Nintendo will suffer most in the credit crunch

8 December 2008 18:02 GMT / By Verity Burns

Two industry analysts have predicted that casual-centric gaming firms could suffer under the pressure of the credit crunch, and have picked out Nintendo in particular as a company that could suffer more than most.

They figure that while hardcore gamers will put gaming higher up their list of priorities, casual gamers are more likely to stop buying games or even sell on consoles when cash gets tight.

"We are not sure how the recession will affect the buying habits of these new, more casual mainstream consumers", Screen Digest’s Piers Harding-Rolls said. "These consumers are more likely to view gaming as a discretionary luxury".

Games Investor Consulting’s Nick Gibson added: "As the market has become more casual-gamer focused, then it will be more susceptible to the economic rhythm. I would say that Nintendo therefore would be the most susceptible".

Nintendo boss Satoru Iwata would probably disagree after reporting strong Thanksgiving sales and feeling confident that Wii consoles were top of many people's wish lists for the holiday season.

Sales are certainly strong in the run up to Christmas and Wii is far outselling any other console on the market at the minute. Only time will tell if this alters in 2009.

Full tags
Gaming, Nintendo Wii, Nintendo, Rock Band, Guitar, Atari, Sony, PS2, Microsoft, Music games
UK Shopping
game.co.uk, gamestation.co.uk, Amazon.co.uk, play.com, ebay.co.uk
US Shopping
Amazon.com, ebay.com

share Subscribe to RSS feeds email story save story print story pdf

Comments

(Will not be published)

  (Next time sign in to bypass captcha)

Latest in Gaming

Latest on Pocket-lint.com

About Pocket-lint

Pocket-lint is your one stop shop for gadgets, technology and consumer electronics, bringing you the low-down on the latest televisions, cameras, phones, GPS and much more. Whether it's learning about what's hot in the world of Apple, finding out about the latest home cinema kit from Samsung and Sony or merely seeing what not to buy, we have you covered. So check out our reviews, news, comment, hands-on photo galleries and videos. Enjoy.

Pocket-lint.com poll

Q. Do you still buy CDs?

Vote YES Vote NO

» LAST TIME
When asked Do you want the Droid by Motorola? 53% said yes and 47% said no

Top 10 Broadband

Compare 50+
broadband packages

Home Broadband »

Top products

tip us on news

Rss feed

Follow us on Twitter