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XBox 360 Heads Have to Blame Themselves for Decline in Sales 50°
February 10, 2009 // 6:28 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 the...

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Nintendo Wii Sales Fall in Japan, DSi Sales Up Slightly Last Week 50°
February 9, 2009 // 6:15 am - Has the Wii's bubble finally burst? Sales figures from Japanese retailers show the Wii is the only console to show negative growth over the last week.

While it is far too soon to start shouting the demise of the Wii from the rooftops, Nintendo saw unit sales of its home console fall by 3,000 units, allowing the PlayStation 3 to close the sales gap between the two consoles from 12,000 units two weeks ago, to just under 6,000 units this week.

The Wii is showing the least resilience of all systems in the current slump in the Japanese hardware market, seeing sales slump 96,000...

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Sony: We Are Still on Target with PS3 Sales to Meet Goals 50°
January 30, 2009 // 10:50 pm - Sony may have just reported a decrease in quarterly PS3 sales but executives are still in good spirits.

Apparently, the Sony execs believe they are on the right track to meet previously announced goals despite the poor performance recently.

To quote: "In terms of units, it is true that PS3, as compared to last year, is slightly worse, but on a full-year basis we believe we are on track to sell the 10 million units that I said at the beginning of the year," said Sony EVP...

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Sony PlayStation 3 and XBox 360 Worldwide Sales Equal in 2008 100°
January 29, 2009 // 8:29 am - Sony's PlayStation 3 sold less in the third quarter of 2008 (ie. the Oct-Dec holiday season) than in 2007, but the strength of the console's earlier sales did it proud, shipping 10.77 million in 2008 (up from 2007's 8.85 million).

In contrast, Microsoft's Xbox 360 had a huge holiday season, shipping around 6 million consoles worldwide (a record for the Xbox), but had a weaker sales period earlier in the year: the playing field has been levelled.

The PlayStation 3 shipped around 10.77 million and the Xbox 360 also shipped 10.8 million: a dead heat. As for life-time sales,...

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Midway Announces MK Vs DC Universe Sales, New Game Coming 50°
January 26, 2009 // 10:22 pm - Midway announced today that Mortal Kombat Vs. DC Universe has sold over 1.8 million units on the Sony PlayStation 3 and Microsoft XBox 360 platforms combined.

The release below also states that Midway is already hard at work on the next version of Mortal Kombat as follows:

Press Release: Midway Games Inc. (NYSE: MWY), a leading interactive entertainment publisher and developer, today announced that the company has shipped approximately 1.8 million units of Mortal Kombat® vs. DC Universe worldwide for the Xbox®360 video game and entertainment system from Microsoft, and...

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Sony's PlayStation 3 Generates the Largest Sales for UbiSoft 50°
January 25, 2009 // 2:28 am - Earlier last month, Take-Two, publishers of Bioshock and Grand Theft Auto, announced that the PS3 had been their biggest source of income, with 35% of their revenue coming from the platform.

It seems this may becoming trend, as UbiSoft is reporting a similar...

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GameStop Exec Defends Used Game Sales & Somewhat Succeeds 250°
January 18, 2009 // 2:05 am - In a recent interview with Gamasutra, GameStop Chief Marketing Officer Mike Hogan tried to defend his company's stance on the used game market by comparing it to the used car market.

He argued that without trade money from used cars, the owners wouldn't be able to afford a new car. Although some people will try to flaw his argument by noting that games aren't that expensive in relation to people's disposable income.

To quote: Starting his argument, he compared the games industry to the car...

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Sony's Outlook Good Despite Slower PlayStation 3 Console Sales 50°
December 31, 2008 // 12:03 am - Recently The Wall Street Journal wrote an article on the PlayStation 3, speaking of a growing disadvantage that the console would have on rivals.

According to them, sales of the PlayStation 3 would have fallen 19% in November with the same period last year, which is usually the most hectic for sales of the sector.

On the other hand, the Wii would have almost doubled sales compared to November last year and the Xbox 360 would have increased their numbers by 8%, ruling...

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