Week Two EOC: Boston Consulting Group - Video Games

During a recession, many things fall to the wayside. Such as the case with video games. Video games  and video games consoles for that matter are steadily decreasing in sales and profits. January of 2009, there was significant growth but by July of that year sales plummeted.

“ You’re seeing an industry slowdown in games and consoles. ” – Tom Szkutak, Amazon Finace Chief

Playstation 3 – Can be considered a cash cow because anyone who have wanted one has one. While it still makes money off the games and other services it offers. You can use it for streaming videos, audio and even rent tv shows and movies. Reviewers think the PS3 is superior to all other game consoles.

"An upgradeable Blu-ray player that can also double as a game system makes the versatile PS3 the best hardware value," -  Scott Stein, CNET

XBOX 360 – Can also be considered a cash cow for most of the same reasons as the PS3, but when it comes to gaming online, XBOX 360 is by far the chosen favorite.

"The redesigned Xbox 360 has the same horsepower, game library, and rich online experience as previous Xbox 360 models, but contains several key tweaks and improvements -- inside and out -- that make it the best Xbox yet,"  - Jeffrey Wilson, PCMag.com.

Nintendo Wii – Is probably on the lower side of cash cow because while it is considered to be the best family gaming console it still is popular for the “ serious gaming and gamers” because the graphics are not realistic. But it makes for a fun time with family and friends of all ages to have fun and blow off some steam.

“Although graphics look terrible compared to the Xbox and PS3, playing games on the Nintendo Wii is maddeningly addictive and intuitive. ” - Jim Louderback, PCMag.com