"Modern Warfare 3" Will Mark the End of the Video Game Console Era

[BreakABone]

These articles tend to pop-up from time to time, but usually with a focus on the handheld business vs the smart phone model.

This is the first one I've seen that proclaims the game's industry as a whole is in danger due to the emergence of smart phones.

I know there are still some major video-game industry bulls out there. I hope they have a huge victory party when Modern Warfare 3 sales hit the stratosphere.

Because odds are, there won’t be much to celebrate after that.

http://www.minyanville.com/businessm...7031?page=full