Jun 13 2008
Gaming industry proves to be strong in May
Video games are selling stronger than ever this year, according to market researcher, NPD. Thanks to strong content, sales figures for video game hardware and software was up 37 percent in the U.S. over last year.
Riding high on Grand Theft Auto 4 and the various Wii releases, including the Fit, industry sales hit $1.12 billion. To date, the industry has hit $6.6 billion in sales for the year, beating 2007’s total annual revenue. If the sales continue on in this manner, the industry is on pace to see revenue in the $21 to $23 billion range.
It is possibly more than just a strong game market that led to these numbers, however. Higher sales of games and platforms could also be tied to the state of the economy and the ever rising gas prices. While there may be an upfront cost, gaming is giving folks the ability to entertain and be entertained all while never leaving the home: no travel cost, no cover charges, no expensive tickets, no food cost incurred (except maybe that pizza delivery)!
3 Responses to “Gaming industry proves to be strong in May”
Leave a Reply
You must be logged in to post a comment.
Not A Member? Register for Free!
My son is an avid gamer and Grand Theft Auto was in his hands as soon as it was released. He watches the stats and all from others online. Amazing how technology works.
I’m looking forward to getting the Wii Fit. I love the Wii enough as it is.
http://www.mentalhealthhumor.com/today_hopping.html