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Analyst: PS3 Price Must be Reduced by $100 to Meet Sales 500°
May 16, 2009 // 2:27 am - Here we go again... Analyst Colin Sebastian believes Sony's forecasts will only be achievable if they cut the price of the PS3 console by $100.

He noted Sony's outlook supports expectations for a PS3 price reduction this year, likely to be some point between E3 and end of the summer.

To quote: Analyst Colin Sebastian claims Sony's forward forecasts can only come into fruition if PS3 price falls by $100.

Sony yesterday predicted that PS3 unit sales would increase by...

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Capcom to Lean on Sony's PS3 for Software Sales 50°
May 8, 2009 // 4:28 pm - The latest financial report from Capcom revealed that they will be leaning on the PlayStation 3 in this fiscal year.

To quote: The third-party company expects to sell a combined 4.9 million software units with 10 new PlayStation 3 titles plan for the fiscal year of 2009-2010. This is way higher than the previous year in which the eight Capcom games on the PlayStation 3 sold a combined 1.75 million units.

In comparison, Capcom expects the Xbox 360 to sell 4.55 million units of software with 11 new titles during...

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Sony: Piracy Has Taken a Big Chunk of Game Sales from PSP 300°
April 22, 2009 // 4:36 pm - Sony's Peter Dille has revealed that PSP sales have been severely affected by piracy. Dille noted that piracy is no good for anyone in the gaming industry, and the data from BitTorrent sites on how many copies are being illegally downloaded is 'sickening'.

To quote: It certainly makes business sense for Sony to switch to digital distribution, but one of the motivating factors for the new-found focus on digital distribution may be rampant piracy on the platform.

Peter Dille, senior vice president of marketing at Sony Computer Entertainment America, believes that...

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March 2009 NPD Sales Data Now Available 100°
April 16, 2009 // 10:08 pm - The March 2009 NPD data report has been released, which covers the hardware/software sales for the month.

To quote:

Hardware Sales

• PlayStation 2 - 112K
• PlayStation 3 - 218K
• PSP - 168K
• XBox 360 - 330K
• Wii - 601K
• Nintendo DS - 563K

Software Sales

1. Resident Evil 5 - Capcom - USA - XBox 360 - 938K
2. Pokemon Platinum Version - Nintendo Of America - NDS - 805K
3. Halo Wars - Microsoft - XBox 360 - 639K
4. Resident Evil 5 - Capcom - USA - PS3...

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Report: WiiWare's Minimum Sales Threshold Affects Developers 50°
April 14, 2009 // 8:32 pm - According to multiple Gamasutra development sources, Nintendo's WiiWare service has a minimum sales threshold in place - under which indie game developers do not get paid at all.

To quote: Multiple sources have indicated to Gamasutra that there is a minimum amount of sales, on a per-territory basis, that WiiWare developers must reach in order to recoup any money at all for their games.

It is believed that this sales number is set in the mid-four figure range for North America, and lower four figures for individual European territories. Until a WiiWare title sells over...

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Nintendo Boss Confirms Wii Sales Reach 50M Worldwide 200°
March 29, 2009 // 1:22 pm - Worldwide sales of the Nintendo Wii games console have topped 50 million, the company's president Satoru Iwata stated at an industry conference in San Francisco.

This means the Wii is now the fastest-selling games console in history, surpassing Sony's PlayStation 2.

To quote: Earlier this year the Japanese computer games console maker predicted demand for the Wii console would eventually slow as the rise of the yen undermined the value of sales to the United States and Europe.

Satoru Iwata, president of the company, said he hoped the economic slowdown...

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Futuresource: Blu-ray Sales to Exceed 100 Million Discs in 2009 50°
February 23, 2009 // 8:56 pm - According to Futuresource Consulting, it appears Blu-ray may be ready to hit the mainstream. The increasing number of HDTV owners, coupled with lower prices on Blu-ray players, should fuel interest in the HD movie format.

To quote: "In the USA, Blu-ray has moved from early adopter phase through to early majority, with the format gaining real traction in the marketplace," said Mai Hoang, senior market analyst at Futuresource.

According to Hoang, Blu-ray sales in America reached 24 million units in 2008. The analyst predicts the American market will eat 80...

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XBox 360 Heads Have to Blame Themselves for Decline in Sales 50°
February 10, 2009 // 7:28 am - It is no secret that the consumers of gaming have been consumed, for lack of better words by numbers and sales in this generation of consoles.

The developers; dealing with deadlines, pre-game jitters, and language hang-ups aren't enough. With recent cuts developing companies have to fear for there jobs amidst this recession.

It was said numerous times pre-recession that the video game sector would ensure and withstand economic turmoil. And the consumers as well as the investors actually believed it.

I, for example, purchased numerous shares of stock in...

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