Video games revenue up 34%

'Devil May Cry 4' was industry's biggest seller

The vidgame biz kept up its boffo growth in February, as revenue surged 34% over the same month in 2007 to $1.3 billion. So far this year, biz is up 26%.

News came from industry tracker NPD, which also showed that Sony continued to make progress on the console front in February, while Capcom’s “Devil May Cry 4” was the industry’s biggest new title.

PlayStation 3, which is still a distant third in total units sold, beat Microsoft’s Xbox 360 for the second month in a row. PS3 sold 281,000 units in the U.S. in February vs. 255,000 for the Xbox 360. Microsoft blamed the shift in supply problems, though Sony has undoubtedly been helped by a recent price cut, a stronger lineup of games and the victory of the Blu-ray high-def DVD format.

Sony’s PlayStation 2 also had a surprisingly strong month despite its age, selling 352,000 units.

Nintendo remained the industry leader, moving 432,000 of its Wii consoles. The Japanese vidgame company was on top of handheld sales also, with its DS outselling Sony’s PSP 588,000 to 243,000.

Though it was slipping in console sales, Microsoft continued to boast the biggest spending gamers. Total revenue for all Xbox 360 products was $322 million, compared to $283 million on the Wii and $235 million for PS3.

On the software side, “Devil May Cry 4” sold a boffo 529,000 units, with the 360 and PS3 versions taking the Nos. 2 and 4 spots, respectively.

“Turok,” the first M-rated title from Disney’s vidgame division, had a decent bow with 285,000 sold. Actioner’s 360 version came in No. 9 for the month.

Only other new game in the top 10 was Microsoft’s Xbox 360-exclusive Japanese role playing game “Lost Odyssey,” which debuted at No. 7, selling 204,000.

Sega’s “Mario and Sonic at the Olympic Games,” which came out in late January, was also a solid performer, particularly on the DS. That version of the game that combines classic Nintendo and Sega characters was No. 6 with 206,000 units.

Other games in the top 10 were holdovers from the holidays, including Activision’s “Call of Duty 4,” which was No. 1 for the fourth month in a row on the Xbox 360. Other big sellers included Activision’s “Guitar Hero III” on the PS2 and Wii and MTV’s “Rock Band” on 360.

More Scene

More From Our Brands

Access exclusive content