Will the Xbox One and PS4 Save the Video Game Industry?

We're now just a month away from the arrival of Microsoft's Xbox One and Sony's PlayStation 4. Diehard gamers are starting to save up for the systems, and the initial pre-orders have all but sold out.

Longtime Fool contributor isn't convinced that the initial buzz will pan out. In this video, he goes over his unpopular stance on the new consoles with Rex Moore.

After several years of declining video game hardware, software, and PC sales, there's plenty riding on the new consoles, but Rick feels that high prices and the exodus of casual gamers will weigh on the initial popularity of the two systems.

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The article Will the Xbox One and PS4 Save the Video Game Industry? originally appeared on Fool.com.

Rex Moore owns shares of Microsoft. Rick Munarriz has no position in any stocks mentioned. The Motley Fool owns shares of Microsoft. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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