Video game sales were off again in June. The introduction of new games and cut in console prices by Microsoft Corporation (NYSE: MSFT), Sony (NYSE: SNE), and Nintendo have been trumped by faltering consumer confidence as people fight concerns about jobs and access to credit.
Posts Tagged nintendo
Game and game console sales have been extremely weak for a year-and-a-half as the recession sapped demand for consumer electronic devices.
Video game sales in the US were decimated in April.
Updated throughout the trading day…. This was out yesterday throughout the day but there have been rumors that Palm, Inc.
The video game industry had another rough outing in February as revenue fell 15% from last year. Total sales of games and consoles totaled $1.26 billion in the US. Microsoft (MSFT) and Sony (SNE) at least gained ground from the first month of this year.
Most of the press Nintendo, the No.1 video game console company in the world, gets is for its Wii machine which has kept a lead in unit sales over the Microsoft (MSFT) Xbox 360 and Sony (SNE) PS3 for over two years. But, the largest selling device that Nintendo makes is the DS, or dual screen, handheld which [[ This is a content summary only
Nintendo In Trouble
Oct 29
It looks like Nintendo may finally be pulled of its perch as the No.1 video game console company in the world. It announced April to September 2009 earnings and part of the data the firm gave out is that it only sold 5.75 million units of its flagship Wii product
Bloomberg does a poll of its terminal subscribers from time to time. The most recent was done among 1,452 people from October 23 to October 27.
PlayStation 3 Sales Up 300%
Sep 23
PS3 sales are up 300% since Sony (SNE) cut prices on the devices by $100. PS3 sales have run behind those of the Microsoft (MSFT) Xbox 360 and Nintendo Wii since Sony introduced the product. According to Reuters, the move up in sales will allow Sony to hit is fiscal year target of 13 million units [[ This is a content summary only
Video games are perfect entertainment during a recession.
