Console games sales down by 24%




/ 12 years ago

The U.S. console gaming industry has fallen into an autumn slump, generating $250 million less revenue in September than the same time last year. NPD Group analysts report that revenue was down about 24 percent. This figure includes only consoles, physical games and accessories. What the report does not include are used sales, rentals and digitally distributed games.

Once again, Microsoft’s venerable Xbox 360 weighed in as the top console in terms of sales. This marks the system’s 21st consecutive month as number one, holding about 49percent of video game system market share.

However, the 360’s run is expected to be abruptly cut short next month by the Wii U, Nintendo’s upcoming console offering. The Wii U is expected to debut for $299, a price point the company can manage because of its modest hardware. Perhaps the system’s most defining feature is its controller though, which will tout a versatile 6.2-inch LCD display.

The reason for the decline is not discussed in-depth, but a substantial drop in hardware sales indicates part of the problem may simply be stale equipment. The report suggests aging consoles have already reached their saturation points as American consumers look forward to next-generation hardware.

So it seems everyone really is waiting for the next generation, but how long will the wait be?

Source: Yahoo



Support eTeknix.com

By supporting eTeknix, you help us grow and continue to bring you the latest newsreviews, and competitions. Follow us on FacebookTwitter and Instagram to keep up with the latest technology news, reviews and more. Share your favourite articles, chat with the team and more. Also check out eTeknix YouTube, where you'll find our latest video reviews, event coverage and features in 4K!

Looking for more exciting features on the latest technology? Check out our What We Know So Far section or our Fun Reads for some interesting original features.

eTeknix Facebook eTeknix Twitter eTeknix Instagram eTeknix Instagram
  • Be Social With eTeknix

    Facebook Twitter YouTube Instagram Reddit RSS Discord Patreon TikTok Twitch
  • Features


Send this to a friend
})