GameRecoil -> -> People Splurge on 360 in Bad Economy

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  Since I am not an economist I cannot possibly explain in detail why this makes sense, but because of the bad economy it is possible that Xbox 360 sales will be on the rise. ... completely counterintuitive, I know.

   

  From the mouths of Microsoft and Strategy Analytics, "in tough economic times, home entertainment products traditionally do well." It could be that an entire household is looking for some entertainment this Christmas and it would benefit them all just to buy one Xbox 360 instead of cough medicine for little Jimmy. Now that the entry level console for the Xbox 360 (the Arcade) is cheaper than a Nintendo Wii, I can see where the appeal is.

   

  If you're strapped for cash this holiday, I would suggest instead of spending hundreds on gifts and video games, saving it or investing it in something useful. Or paying bills, that's good, too.

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  Posted November 26th, 2008

  Category: General News,   Add to favorites

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