There are now 11 countries that have an annual video game revenue in excess of US$ 1 billion. By 2009, the video game market is expected to reach a whopping US$ 57 billion. Leading the charge are the Xbox 360, the PlayStation 3, and the Wii. Analyst David Cole of DFC Intelligence speaks his peace on the current generation of consoles. Which is the most profitable platform for 2007? The answer is a doozy. Make a guess, and find out after the "read more" link.

If you've been keeping up with Electronic Arts' efforts to buy out Take-Two Interactive, then we've got an interesting bit of behind-the-scenes news for you. It seems that EA's own John Riccitiello views the takeover bid as an offered helping hand to the publisher, and this in itself is not going good with quite a few of this industry's leading analysts. Check out all the details in the full article and see what you think about this little hubbub.

 

DFC Intelligence, expert in video game and entertainment market research, recently released forecasts for the gaming industry. According to the research firm, Microsoft's Xbox 360 could lose the so-called "console war" and fall in a distant third place when year 2009 kicks in.

Various sources make it quite clear that the Nintendo Wii is zooming past its competition in terms of sales but Microsoft's horse trails close behind. DFC researchers, however, found weakness in 360's recent sales. If the current pace goes on for a couple of years, the Wii will dominate until 2008 ends. Sony's year will be 2009, when PlayStation 3 sales move into overdrive as DFC foresees.

DFC analyst David Cole pointed out how likely Sony will be leading in the software race even if Nintendo's console continues to sell. In order to share Xbox 360's presence to the scene, Microsoft "will need to build a strong base outside North America," said Cole.

By 2009, DFC expects US$ 47 billion in revenue for the gaming industry. Sales of the three big consoles are to reach numbers between 180 million to 210 million when 2012 comes - if DFC's projections are correct, that is. During the same year, PC gaming could be racking up $US 13 billion in revenue thanks to the ever-growing online games market and convenient digital distribution.

DFC's research is strongly positive toward handhelds. Cole stated that the Nintendo DS could be on top as the best-selling game system ever five years from now. Nothing is set in stone, but we can be sure of one thing: it'll be fun to watch how everything unfolds, and gamers win in the end.