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Next-gen consoles to be ‘time share donor’ for social, mobile games – analyst

With the upcoming launches of next-generation consoles from Nintendo, Sony and Microsoft on the horizon, analysts at Piper Jaffray estimate hardware sales for each console will be down significantly compared to current-gen consoles. Analysts Michael J. Olson and Andrew D. Connor expect an average decline of 53 percent for software sales in the first 14 months of the next-gen console cycles from the three companies, based on “meetings with industry sources.” The Wii U, which …