Software

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.

>To order reprints of this article, click here: Reprints

TheStreet Premium Services

Jim Cramer
Jim Cramer's Action Alerts PLUS:
Trade right alongside a Wall Street pro — enjoy access to his Charitable Trust portfolio and be sent trade alerts BEFORE he makes a move. Learn More
OptionsProfits
OptionsProfits:
Get 50+ trade ideas a week from the industry's top options experts. Plus — exclusive commentary on market trends and essential trading tools. Learn More
Real Money
Real Money:
Our team of professional Wall Street Pros — including Jim Cramer, Doug Kass, and Nicholas Vardy — delivers intelligent analysis, timely trade ideas, and colorful commentary. Learn More
Stocks Under $10
Stocks Under $10:
Break into the market with small- and mid-cap stocks... all $10 or less! David Peltier tells you exactly which low-priced stocks he's buying and selling. Learn More
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
blog comments powered by Disqus
Dow Jones S&P 500 NASDAQ 10-Year Note
12,393.45 1,310.33 2,827.34 15.81
Oil *
101.78
DOWN
26.41
DOWN
2.99
DOWN
10.02
DOWN
0.44
10 Yr
1.58%
SPDR Gold
151.62
-0.21%
-0.23%
-0.35%
-2.71%
Data delayed 20 minutes

Top Stories and Tools

Articles From

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

We respect your privacy.
Podcasts

Connect with TheStreet