PS4 and Xbox One fuel US videogame industry sales

Jan 17, 2014
NPD Group reported Thursday that new consoles from Sony and Microsoft powered a winning holiday season for the videogame industry in the United States

NPD Group reported Thursday that new consoles from Sony and Microsoft powered a winning holiday season for the videogame industry in the United States.

"The newest consoles from Microsoft and Sony are off to a tremendous start," said NPD analyst Liam Callahan.

"Xbox One led consoles sales in December, while PlayStation 4's two-month total makes it the best selling console during the two-month launch window."

The rival consoles were released in November and eagerly snapped up by players.

Nintendo's Wii U consoles also fared well during the holidays, with December logging its best monthly sales since its release about 13 months earlier, Callahan said.

Videogame more than offset a 17 percent drop in sales of game software to $1.31 billion in December, according to NPD.

For the full year, sales were down 11 percent from 2012 to $6.34 billion. One reason for the drop was said to be that fewer titles were released.

US videogame hardware sales for the December holiday period were $1.37 billion, a 28 percent rise over the same period a year earlier, NPD reported

Videogame hardware sales for the year tallied $4.26 billion, up five percent from the $4.04 billion logged in 2012.

When factoring in money spent on game rentals, downloadable content, micro-transactions, mobile "apps," play at social networks, subscriptions, and used game sales, nearly $2.4 billion was spent on games in December, according to NPD.

NPD ranked "Grand Theft Auto V," published by Take 2 Interactive Software, as last year's top-selling videogame.

Electronic Arts' military shooter title "Battlefield 4" was the second most popular game with buyers, with France-based Ubisoft's "Just Dance 2014" taking third spot.

The latest installment of the beloved "Call of Duty" franchise was the best selling game in the United States in December, according to the industry tracker.

It was the fifth consecutive month of rising overall US sales in the .

Explore further: Ticketfly buying WillCall for on-premise data

add to favorites email to friend print save as pdf

Related Stories

US shops see videogame sales drop in May

Jun 14, 2011

US videogame industry sales at real-world shops slumped in May on a light line-up of new titles and shifts to digital content offered for download on the Internet, according to NPD Group.

US video game retail sales fall 25 percent in May

Jun 18, 2013

U.S. retail sales of video games, hardware and accessories declined 25 percent in May as demand for aging game consoles continued to fade and fewer new games launched compared with last year, according to market researcher ...

NPD: October video game sales rise 1 percent

Nov 11, 2011

(AP) -- U.S. retail sales of video game hardware, software and accessories rose 1 percent to $1.08 billion in October, helped by sales of "Battlefield 3," market researcher NPD Group said Friday.

US video game sales drop for 8th straight month

Aug 10, 2012

(AP) — U.S. retail sales of new video game hardware, software and accessories fell for the eighth straight month in July as the industry continued to look ahead toward the release of new equipment to cure its woes.

Recommended for you

Oregon sues Oracle over failed health care website

8 hours ago

Oregon Attorney General Ellen Rosenblum says she's filed a lawsuit against Oracle Corp. and several of its executives over the technology company's role in the state's troubled health insurance exchange.

Google buys product design firm Gecko

8 hours ago

Google on Friday confirmed that it bought Gecko Design to bolster its lab devoted to technology-advancing projects such as self-driving cars and Internet-linked Glass eyewear.

Ticketfly buying WillCall for on-premise data

Aug 21, 2014

Ticketfly Inc., a San Francisco-based technology company among several posing a challenge to Ticketmaster, is acquiring WillCall Inc., a crosstown rival that turns your smartphone into a mobile wallet at live events.

HP revenue inches up after years of decline

Aug 20, 2014

Hewlett-Packard on Wednesday reported that its quarterly revenue rose for the first time in three years, nudged by improved computer sales everywhere except Russia and China.

Restaurants experimenting with pay-in-advance tickets

Aug 20, 2014

With restaurant patrons increasingly jumping on the Internet to make reservations, some high-end eateries here and across the country are adding a new tech wrinkle: having their clientele pay for their meal in advance using ...

User comments : 0