Video game industry bucks downturn with Feb. sales

Mar 19, 2009

(AP) -- The video game industry continued to defy the recession in February, posting double-digit year-over-year growth with Nintendo Co.'s popular Wii gaming system leading the way.

U.S. retail sales did not grow as quickly versus the year-ago period as they did in January. But revenue from hardware still climbed 11 percent to $532.7 million from $481.4 million, according to market researcher NPD Group.

Americans bought 753,000 units of Nintendo's Wii, the best-selling console. The handheld , which sold 588,000 units, came in second.

Microsoft's sold 391,000 units, up 53 percent from a year earlier, while Sony's PlayStation 3 sold 276,000 units.

Nintendo also had the best-selling game in February with its Wii Fit, an exercise game that sold 644,000 copies. Capcom USA's Street Fighter IV took the number two and three spots with 446,000 copies for the Xbox and 403,000 for the .

Overall software sales grew 9 percent to $733.5 million from $673.3 million.

The was not completely absent from NPD's report.

"Unit sales increased even more than dollar sales did, reflecting a slightly lower average retail price for all categories as compared to last year," NPD analyst Anita Frazier said in a statement.

The average price of video games dropped about 4 percent year-over-year.

©2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Explore further: Clooney slams skittish Hollywood after Sony hack

add to favorites email to friend print save as pdf

Related Stories

Nintendo's 'Revolution' becomes 'Wii'

Apr 27, 2006

Japan's Nintendo announced that its new gaming console -- known during development as "Revolution" -- will be called "Wii" and will be unveiled next month. ...

'Halo 3' Beta Test Gets off to Rough Start

May 18, 2007

Microsoft Corp.'s public test of its upcoming "Halo 3" video game got off to a rocky start on Wednesday after many users found they were unable to try out the science fiction-themed shooter.

US online videogame play on the rise: NPD Group

Mar 10, 2009

US online videogame play is on the rise as growing numbers of teenagers turn to the Internet for opponents and game software, according to an NPD Group report released on Tuesday.

Recommended for you

Clooney slams skittish Hollywood after Sony hack

23 minutes ago

Film star George Clooney slammed the Hollywood movie industry for failing to stand up against the cyber threats that prompted Sony Pictures to cancel release of the movie "The Interview."

Atos shares soar after Xerox acquisition

3 hours ago

Shares in French tech firm Atos soared nearly five percent on Friday as traders cheered the news it had bought the IT wing of Xerox for more than $1 billion.

Two more former Sony workers sue over data breach

19 hours ago

Two more former employees of Sony Pictures Entertainment are suing the company over the massive data breach in which their personal and financial information was stolen and posted online.

Constantly changing online prices stump shoppers

20 hours ago

Online shopping has become as volatile as stock market trading. Wild, minute-by-minute price swings on everything from clothes to TVs have made it difficult for holiday shoppers to "buy low."

User comments : 0

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.