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Monday, 16 June 2008 07:13

Video game sales in U.S. up

Written by David Stellmack

Image

37 percent increase in May

According to market researcher NPD sales of video game hardware and software in the U.S. were $1.12 billion in May, which is an increase of 37 percent from a year earlier. The best-selling game title for May was Take-Two Interactive’s “Grand Theft Auto 4," with sales of 4.2 million units. Sales of the GTA4 for both the Xbox 360 and PlayStation 3 consoles were 1.31 million units in May.

Also during May Nintendo reported that it sold 675,000 Wii consoles, Sony reported that it sold 209,000 PlayStation 3 machines and Microsoft reported that it sold 187,000 Xbox 360 consoles.

While both Microsoft and Sony had indicated that sales of GTA 4 would likely translate into a surge of console sales, the sales of consoles did not follow that prediction. So far this year sales of video games have generated about $6.6 billion, with revenue expected to be between $21 billion and $23 billion in 2008.

Last modified on Monday, 16 June 2008 07:37
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