fwiw my 20 year old son pondered this article for an entire 15 seconds before agreeing; yes mobile could very easily take over consoles......and the technological advancements would be (as he put it) "totally awesome".
For mobile to win, consoles don't have to lose. They’ll just continue to expand their capabilities. Being able to pick up and play more streamlined experiences that transition between a console and a smartphone is certainly doable today.
Such wide adoption by consumers from every financial segment means that mobile is now an enticing market for the big gaming houses. No longer will they be catering to a niche but rather the large and growing mainstream.
That transition, which is expected to accelerate in 2013 through 2016, especially in emerging markets, means we will continue to see large development houses shift their resources to mobile. Combined with more powerful hardware, faster LTE networking, better battery efficiencies, and on-board sensors should result in a renaissance in mobile gaming.