Cowen and Company analyst Doug Creutz has put out a research note saying that casual fare offered through mobile and social media platforms are not affecting the console game market, reports Edge-Online. Creutz called the segment distinct and non-competitive, saying the games cater to a different market than the core gamer. He said that difficulties in the console game market have been rooted in stubbornly high hardware pricing rather than competition from casual fare. He predicted that with Xbox 360 and PlayStation 3 now priced for a mass market, the console game market will reaccelerate to the benefit of publishers that are positioned to take advantage. Edge-Online points to recent statements from Ubisoft and Capcom about shifting game development focus back to franchises for Xbox 360 and PlayStation 3. Read more at Edge-Online {link no longer active}.

Analyst: Casual Games Don’t Compete For Console Dollars
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