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XBox 360 Heads Have to Blame Themselves for Decline in Sales

50°
284w ago - It is no secret that the consumers of gaming have been consumed, for lack of better words by numbers and sales in this generation of consoles.

The developers; dealing with deadlines, pre-game jitters, and language hang-ups aren't enough. With recent cuts developing companies have to fear for there jobs amidst this recession.

It was said numerous times pre-recession that the video game sector would ensure and withstand economic turmoil. And the consumers as well as the investors actually believed it.

I, for example, purchased numerous shares of stock in the gaming sector early 2007. And I will assure you that the financial burn was felt equally, and diversification has become a life lesson when it comes to my investments.

As we all know, the negatives all roll downhill, so eventually the cuts of manning we're bound to happen in the sector of gaming. And with less manning and a daily decline in revenue, creativity is bound to dissipate as well.

Wedbush Morgan's Michael Pachter told Kotaku, "It's sad that it's easier to sell an Iron Man game or a 50 Cent game with the right license and it's hard to create a new Dead Space."

He further states in the conversation, ""I think you're going to see moving forward one new game a year from...
 

Nintendo Wii Sales Fall in Japan, DSi Sales Up Slightly Last Week

50°
284w ago - Has the Wii's bubble finally burst? Sales figures from Japanese retailers show the Wii is the only console to show negative growth over the last week.

While it is far too soon to start shouting the demise of the Wii from the rooftops, Nintendo saw unit sales of its home console fall by 3,000 units, allowing the PlayStation 3 to close the sales gap between the two consoles from 12,000 units two weeks ago, to just under 6,000 units this week.

The Wii is showing the least resilience of all systems in the current slump in the Japanese hardware market, seeing sales slump 96,000 since the beginning of the year.

It's not all doom and gloom in the Nintendo camp however, as sales of the DSi rose by 4,000 units, perhaps suggesting that the market for the Wii is starting to become saturated.
 

Sony: We Are Still on Target with PS3 Sales to Meet Goals

50°
286w ago - Sony may have just [Register or Login to view links] a decrease in quarterly PS3 sales but executives are still in good spirits.

Apparently, the Sony execs believe they are on the right track to meet previously announced goals despite the poor performance recently.

To quote: "In terms of units, it is true that PS3, as compared to last year, is slightly worse, but on a full-year basis we believe we are on track to sell the 10 million units that I said at the beginning of the year," said Sony EVP and CFO Nobuyuki Oneda in an earnings call.

Sony announced earlier today that PS3 sold 4.46 million units during the company's fiscal Q3, a 9 percent drop from 4.9 million for the same quarter a year ago.

Oneda added, "...Relatively speaking, [compared to] the growth of other platforms, we are behind, but it's not the case that we are not meeting the target."
 

Sony PlayStation 3 and XBox 360 Worldwide Sales Equal in 2008

100°
286w ago - Sony's PlayStation 3 sold less in the third quarter of 2008 (ie. the Oct-Dec holiday season) than in 2007, but the strength of the console's earlier sales did it proud, shipping 10.77 million in 2008 (up from 2007's 8.85 million).

In contrast, Microsoft's Xbox 360 had a huge holiday season, shipping around 6 million consoles worldwide (a record for the Xbox), but had a weaker sales period earlier in the year: the playing field has been levelled.

The PlayStation 3 shipped around 10.77 million and the Xbox 360 also shipped 10.8 million: a dead heat. As for life-time sales, the Xbox 360 is at 28.45 million and the PlayStation 3 at 21.35 million - a slightly tighter gap than Microsoft's announced 8 million.

On average the PlayStation 3 has sold 2.37 million units per quarter, in comparison to the Xbox 360's 2.18 million. Still without a PS3 price cut, Microsoft's console will surely pull away in 2009.

As for Nintendo's Wii, it's solidified first place by selling an outstanding 4.99 million units per quarter. Find the numbers below:

SHIPPED Q3 2008 (Oct-Dec 2008)

PlayStation 3: 4.46m
Wii: 10.42m
Xbox 360: 6.0m
PlayStation 2: 2.52m
NDS: 11.89m
PSP: 5.08m

SHIPPED 2008

PlayStation 3: 10.77m
 

Midway Announces MK Vs DC Universe Sales, New Game Coming

50°
286w ago - Midway announced today that Mortal Kombat Vs. DC Universe has sold over 1.8 million units on the Sony PlayStation 3 and Microsoft XBox 360 platforms combined.

The release below also states that Midway is already hard at work on the next version of Mortal Kombat as follows:

Press Release: Midway Games Inc. (NYSE: MWY), a leading interactive entertainment publisher and developer, today announced that the company has shipped approximately 1.8 million units of Mortal Kombat® vs. DC Universe worldwide for the Xbox®360 video game and entertainment system from Microsoft, and the PLAYSTATION®3 computer entertainment system.

"Mortal Kombat vs. DC Universe was the result of countless hours of hard work by many people, and seeing the game surpass the million-seller plateau makes it worth all the effort," said Ed Boon, Mortal Kombat co-founder and creative director, Midway. "We're already hard at work on our next version of Mortal Kombat, and look forward to being able to reveal more details in the future."

Mortal Kombat vs. DC Universe also continues to set a number of internal Midway records. The game was the most pre-ordered MK title in company history, and more than 3.6 million Mortal Kombat® vs. DC Universe matches have been played online worldwide for the PS3, according...
 
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