Video game sales up 10% in November

Posted on Friday, December 12 2008 @ 22:51 CET by Thomas De Maesschalck
Despite economic problems, video games were still strong in November. Market research firm NPD Group says US sales of video game hardware, software and accessories hit $3 billion last month, a 10 percent increase year-over-year.
U.S. retail sales of video game hardware, software and accessories jumped 10 percent last month from the year-ago period to $2.91 billion, boosted by strong sales of Nintendo Co.'s Wii, Microsoft Corp.'s Xbox 360 and the alien shooter game "Gears of War 2."

The availability of a broad range of games is one reason for the industry's ongoing solid performance, said NPD analyst Anita Frazier. Games also provide a relatively cheap form of stay-at-home entertainment.

The industry, Frazier said, is still on track to rack up $22 billion in U.S. sales this year.
The report says video game hardware sales hit $1.21 billion, a 10 percent jump year-over-year. Nintendo sold 2 million Wii consoles in November, the most yet in a month. Sales of the Xbox 360 hit 836,000 units, while Sony sold 378,000 PS3 consoles.

Sales of video games grew 11 percent to $1.31 billion. More info over here.


About the Author

Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.



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