Are consoles nearing the end of their existence? Some developers think so, but the man responsible for series such as Ninja Gaiden and Dead or Alive doesn't.
Team Ninja's Yosuke Hayashi stated during a meeting with Xbox World that he not only thinks consoles have a future, but he plans to continue to support them.
I don't think consoles are going to disappear from gaming. You still have millions of people playing videogames with a controller on a box in front of the TV. Just look at Call of Duty, for example: it's everywhere.
He then made a comparison to the film industry.
I think you can compare it to movies. People still go to the cinema after all this time. I don't know how long cinemas have been around but it's not like cinemas are completely gone and everyone is watching movies on their TV or smartphone.
Remember, it's been nearly seven years since this console generation began so it's understandable that things are slowing down. The Wii U will spark some interest, and the inevitable new PlayStation and Xbox consoles should clean house without a hitch if their price is right.
Not everyone has $700+ to invest in a gaming PC, and streaming technologies require a lot of things to work right. The ease of use and cost to entertainment efficiency of a console should be enough to make them relevant going into the future no matter the circumstances.