Video game console sales hammered by recession
HDTV sales seem to be slowly picking up again, but the recession brought the video game industry its worst month since early 2007. Video game console sales saw their lowest levels in 23 months with all 3 big-name manufacturers reporting monthly sales dropping more than 40%. Nintendo Wii sales dropped from 601, 000 in March to 340, 000 in April; Xbox 360 sales dropped from 330, 000 to 175, 000; and the Playstation 3 dropped from 218, 000 to 127, 000. For the 3 manufacturers, it was the worst month since May 2007, December 2007 and October 2007, respectively. Year-over-year, the total unit shipment numbers for the big three are down 40% from 1, 089, 000.
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Posted by Justin Davey at May 15, 2009 3:55 PM
Hmmm I don't think this has anything to do with the recession, but more likely the release schedule - new games drive people to pick up consoles, and as an avid gamer I can say there has been NOTHING released worth picking up over the past 6 weeks.
Good thing I still have a pre-Christmas backlog of shrink-wrapped games to go through!