Activision Tops in November Sales
Microsoft's Xbox 360, seen as the challenger to Sony and Nintendo, sold 770,000 boxes, compared with 366,000 in October.
But PS3 sales of picked up during the holiday season, as Sony sold 466,000 consoles in November compared with 121,000 a month earlier.
"The combination of the price cut and seasonal lift gave the PS3 the biggest October-to-November sales increase of any hardware platform," said Frazier.
Still, the older PS2 console found more buyers than its successor. Nearly 496,000 PS2s were sold last month, compared with 184,000 in October.Sony also lagged behind Nintendo in handheld game systems. Sony sold 567,000 PlayStation Portables in November, up from 286,000 in October, while rival Nintendo's version, the DS, sold 1.53 million systems in November compared with 458,000 a month earlier. Sales of video game accessories reached $243 million last month, up 52% from a year ago. Overall industry sales, including hardware, software and accessories, reached $2.63 billion in November, up 52% compared with year-ago figures. Since the beginning of the year, the video-games industry has raked in $13.12 billion, vs. $8.76 billion for the same period in 2006. Software sales for consoles jumped 75% to $1.1 billion in November, from $617 million during the same month a year ago.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV