According to a recent Nielsen survey, children ages 6-12 are more interested in having an Apple
Part of the problem is that the major consoles from industry leaders Nintendo (OTC BB: NTDOY.PK), Sony
In a similar vein, I wouldn't worry too much about game publishers, either. Certainly they are seeing a kind of paradigm shift, where the once impressive 12 million World of Warcraft subscribers are now eclipsed by Zynga's 57.6 million for Farmville. But this seems like it has more to do with new customers, not stolen ones. While British Prime Minister David Cameron might have time for a couple of minutes of Angry Birds here and there, I doubt it comes out of time he would've spent playing Call of Duty: Black Ops, which recently set a record for the highest five-day sales not just for games, but entertainment history in general.
This isn't to say the innovate-or-die maxim doesn't still hold. Console manufacturers will need to put something new on the market, not just an add-on or upgrade, if they want to recapture the interest of the crucial child demographic. And if game publishers want to avoid becoming boutiques and tap into the growing gamer mainstream, they'll need to focus more on the on-the-go, app-based games instead of just high-budget blockbusters.
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Fool contributor Jacob Roche is hoping someone will get him a Wii with Mario Kart for Christmas, but it probably won't happen. He holds no position in any of the other stocks mentioned. Microsoft is a Motley Fool Inside Value pick. Apple, Electronic Arts, and Nintendo are Motley Fool Stock Advisor recommendations. Motley Fool Options has recommended a diagonal call position on Microsoft. The Fool owns shares of Apple and Microsoft. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.