The influx of innovative and advanced features on smartphones and tablets, such as high resolution graphics capabilities, has created a common perception that portable gaming consoles will vanish in the near future.
However, ARCchart (www.arcchart.com) sees a healthy PGC market continuing to exist and expects that the overall market -- including both game titles and console sales -- will be worth US$24 billion by 2016. That's not to say that the iPhone, iPad, iPod touch and similar devices aren't affecting the PGC market.
In July Nintendo President Satoru Iwata told the UK newspaper , "The Independent," that competition from the iPad and iPhone hasn't had a major effect on the success of Nintendo's portable devices.
"I don't think this is a central factor, I think it's much more about our lack of ability to release software in a timely matter that will motivate people to go out and buy our gaming...| Read more »