• Hey Guest. Check out your NeoGAF Wrapped 2025 results here!

When do we call it a crash?

Aren't we officially in the second video game crash already?
TRwZoi.gif
 
Seriously do people actually know what the crash of the 80s was or do they just like to throw that buzzword around because they read the internet crying all day and think noise = crash.
 
Last edited:
Seriously do people actually know what the crash of the 80s was or just like to throw that buzzword around because they read internet crying all day and think noise = crash.
Seriously, I remember people saying there would be a crash back in the PS1 days. It's a buzzword for sure.
 
PlayStation (G&NS) segment over recent years:
  • FY2026 (ended March 31, 2026): Operating income was ¥463.3 billion (approx. $3.1 billion). Despite a slowdown in console hardware, this was a record-breaking profit driven by the platform's recurring network services.
  • FY2025 (ended March 31, 2025): Operating income was ¥290.2 billion (approx. $1.9 billion).
  • FY2024 (ended March 31, 2024): Operating income was ¥253.2 billion (approx. $1.8 billion).
  • FY2023 (ended March 31, 2023): Operating income was ¥250.0 billion (approx. $1.8 billion).
No crash
Next
 
Video games can't "crash". There's too many options to play and too many systems in play.

It's impossible unless the internet itself gets shut down.
 
It hasnt crashed yet, but its trending that way.

I think people are wrongly expecting it to be similar to the first crash but it wont, its more going to crash like how the mobile gaming market crashed. As in it still technically exists but its mostly just scams and gambling and no one is actually making anything of value
 
A crash isn't a bunch of decisions you don't like or games not being to your tastes.

So long as people consume and dollars go up, it isn't a crash.

Do you remotely understand how the housing market crash worked in 2008ish? You're looking for that.
 
It hasnt crashed yet, but its trending that way.

I think people are wrongly expecting it to be similar to the first crash but it wont, its more going to crash like how the mobile gaming market crashed. As in it still technically exists but its mostly just scams and gambling and no one is actually making anything of value
This is the post I agree with the most.
 
It's not a crash unless you and everyone else stop buying games and gaming consoles.

Until then, it's just called big tech companies making us bitches.
 
Aren't we officially in the second video game crash already? When will we call it that? What does still need to happen to earn the title?

I'm not trolling, serious questions.
Do you think Microsoft would be in this bad a shape if they hadn't gotten greedy trying to gobble up publishers & studios in 2021-2023?

EA is doing fine, Take-Two is doing fine, Playstation is doing fine, Tencent, Nintendo, Valve, Konami, Capcom, Square Enix(relatively) are all doing fine

Microsoft went spend crazy and are now paying for it. Embracer wet spend crazy and are now paying for it. Sony went spend crazy with Bungie and are trying to stop that bleeding now.

Let's not use the repercussion from a few stupid decisions as evidence of an industry wide problem.

Yes, the industry has issues, but it's not as bad as you think it is. Not yet.
 
Aren't we officially in the second video game crash already? When will we call it that? What does still need to happen to earn the title?

I'm not trolling, serious questions.
There are still like 30-40m consoles and 500m+ games (Nintendo and Sony alone are doing 480m already) sold per year. Record profits, revenue going up and up yoy

We will see how this year goes, but revenue needs to drop by at least 25% across PC and consoles for it to be called a light crash. Remember, back in the 80s, revenue dropped from 40b to 15b in the span of two years... general interest in video games pretty much vanished. However interest in video games right now is as high as it's ever been and again, numbers are going up and up.
 
Top Bottom