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Out of the Box: When Will the Gaming Console Biz Sunset?

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variety.com

Jennifer Maas TV Business Writer Gaming consoles are dead. Long live gaming consoles! For more than two decades, it’s been a regular topic of conversation: When might gaming consoles, the dedicated hardware that has been the core of the gaming biz, become obsolete — and be replaced by general-purpose platforms like PCs and smartphones?

The debate has been stoked by the rise of cloud computing and mobile gaming, alongside dips in sales of the latest generations of Microsoft, Sony PlayStation and Nintendo devices.

Questions about the longevity of the console model are back. Among the factors driving the conversation are a drop-off in sales of Nintendo’s Switch, which debuted in 2017, amid a drawn-out wait for the reveal of its successor.

After Microsoft made a new round of layoffs, cutting its gaming division workforce by 3%, it’s readying a rollout of Xbox Series X and S consoles with scaled-back features and discounted prices this holiday season.

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