Are new X Boxes hurting sales of video games?

Cagey consumers awaiting to see if the world’s largest software company ‘s X Box 360 would prove itself depressed the world’s largest gaming company’s profits, Reuters reports.

Revenue declined to $1.27 billion from $1.43 billion at the Marina del Rey-based Electronic Arts during the holiday quarter.

It seems counter-intuitive, but a new product launch actually can hurt the video game business in two ways: As consumers begin to stop buying the old console’s games, and as gamers hold back to see if the new system is all that it’s cracked up to be.

Us? We don’t really care for Sim City or Sin City; we just miss Frogger.