Originally published on Fri August 24, 2012 10:56 am
Last year, consumers spent $17 billion on video games. That sounds like a lot, but it was nearly $1.5 billion lower than the previous year. One reason: there haven't been any new game consoles out to excite buyers.
Only Nintendo's Wii U might be on shelves for the holiday season.
The console makers are having a hard time figuring out how to improve on what they've got.
Try asking a gamer like Ryan Block what would entice him to drop a few hundred bucks on a new console.
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