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| Gaming industry, you've been pwned. |
Assuming this trend continues, retail video gaming revenues in 2012 could be lower than the $12.6 billion earned in 2006...the first year for Sony's Playstation 3 and Nintendo's Wii, as well as the first full year of sales for Microsoft's Xbox 360.
Those were the worldwide numbers; US figures were nearly as bad. And if you check back a few years, you'll quickly discover these early 2012 results are not exceptional...
...clearly, it's part of a trend. Even so, analyst Matt Matthews says many industry experts were stunned by this news.
Not only was the decline in sales worse than most predictions (avg.~23%), but NPD's analysis also reveals no significant growth in any segment of the gaming market. Accessories sales were the sole exception, there, with a paltry 0.5% increase (to $148.6 million) that looks suspiciously like a junior accountant's rounding error.
Yes, MobilePhonesFan found a few bright spots in the report; but overall it's hard times ahead for console makers and game vendors. Hit our source (below) for more excruciating details and a boatload of statistics.
via: gamasutra
Not only was the decline in sales worse than most predictions (avg.~23%), but NPD's analysis also reveals no significant growth in any segment of the gaming market. Accessories sales were the sole exception, there, with a paltry 0.5% increase (to $148.6 million) that looks suspiciously like a junior accountant's rounding error.
Yes, MobilePhonesFan found a few bright spots in the report; but overall it's hard times ahead for console makers and game vendors. Hit our source (below) for more excruciating details and a boatload of statistics.
via: gamasutra
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