Yeah.... I'm sure everyone who spent several hundred on a new console is going to stop buying games. You'd almost think that gamers were holed up playing the games they recieved for christmas.
Funny how you didn't post on how empty stores were prior to Christmas. And actually there are 23.6 billion in gift cards (estimated by the National Retail Federation), I'd say being off by more than a factor of 10 makes your opinion a bit meaningless.