a pocket of strength
08:10 Video game industry roars in December - CNET News.com
CNET News.com reports video game industry sales grew 9%, year-over-year, in December, and were up 19% for the year, according to the latest figures from analyst firm, the NPD Group. Overall, the industry saw sales of $5.29 billion in December, the first time it had ever cleared the $5 billion mark in a single month, according to NPD analyst Anita Frazier. And once again, the video game industry far outpaced general retail sales, which were down 2.7% from November. By contrast, video games were up 81.8% over November's $2.91 billion. Leading the way again was Nintendo, which sold 2.15 million Wii consoles and 3.04 million DS handhelds. Microsoft (MSFT) moved 1.44 million Xbox 360s, and Sony, once again, lagged behind, selling just 726,000 PlayStation 3s (SNE), 410,000 PS2s, and 1.02 million PSPs.
08:10 Video game industry roars in December - CNET News.com
CNET News.com reports video game industry sales grew 9%, year-over-year, in December, and were up 19% for the year, according to the latest figures from analyst firm, the NPD Group. Overall, the industry saw sales of $5.29 billion in December, the first time it had ever cleared the $5 billion mark in a single month, according to NPD analyst Anita Frazier. And once again, the video game industry far outpaced general retail sales, which were down 2.7% from November. By contrast, video games were up 81.8% over November's $2.91 billion. Leading the way again was Nintendo, which sold 2.15 million Wii consoles and 3.04 million DS handhelds. Microsoft (MSFT) moved 1.44 million Xbox 360s, and Sony, once again, lagged behind, selling just 726,000 PlayStation 3s (SNE), 410,000 PS2s, and 1.02 million PSPs.
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