Hardware sales down, software up

Cyberbiz Brief

It’s been a good year for videogames but a bad one for consoles.

According to market research firm NPD, sales of consoles and portable hardware declined 5.1% in unit volume and 18.5% in dollar volume between January and August compared to the year-earlier period. Software, however, was up 14% in volume and 5.7% in dollars.

As games are typically the biggest profit drivers for vidgame companies, news was overall positive for the industry. In addition, NPD predicted that lower prices — including a recent price cut by Nintendo of its Gamecube to just $99 — should help fuel a strong Holiday season.

Want to read more articles like this one? SUBSCRIBE TO VARIETY TODAY.
Post A Comment 0

Leave a Reply

No Comments

Comments are moderated. They may be edited for clarity and reprinting in whole or in part in Variety publications.

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

More Digital News from Variety