Mostly Cloudy
26°CSun :Clear. High: 30 Low: 14

PS4 and Xbox One fuel US videogame industry sales

PS4 and Xbox One fuel US videogame industry sales

NPD Group reported Thursday that new consoles from Sony and Microsoft powered a winning holiday season for the videogame industry in the United States.

“The newest consoles from Microsoft and Sony are off to a tremendous start,” said NPD analyst Liam Callahan.

“Xbox One led consoles sales in December, while PlayStation 4`s two-month total makes it the best selling console during the two-month launch window.”

The rival consoles were released in November and eagerly snapped up by players.

Nintendo`s Wii U consoles also fared well during the holidays, with December logging its best monthly sales since its release about 13 months earlier, Callahan said.

Videogame hardware sales more than offset a 17 percent drop in sales of game software to $1.31 billion in December, according to NPD.

For the full year, game software sales were down 11 percent from 2012 to $6.34 billion. One reason for the drop was said to be that fewer titles were released.

US videogame hardware sales for the December holiday period were $1.37 billion, a 28 percent rise over the same period a year earlier, NPD reported

Videogame hardware sales for the year tallied $4.26 billion, up five percent from the $4.04 billion logged in 2012.

When factoring in money spent on game rentals, downloadable content, micro-transactions, mobile “apps,” play at social networks, subscriptions, and used game sales, nearly $2.4 billion was spent on games in December, according to NPD.

NPD ranked “Grand Theft Auto V,” published by Take 2 Interactive Software, as last year`s top-selling videogame.

Electronic Arts` military shooter title “Battlefield 4″ was the second most popular game with buyers, with France-based Ubisoft`s “Just Dance 2014″ taking third spot.

The latest installment of the beloved “Call of Duty” franchise was the best selling game in the United States in December, according to the industry tracker.

It was the fifth consecutive month of rising overall US sales in the videogame industry.

 

Top Stories

10536-2808-140918-iPhone_6_Plus-Teardown-l

Initially iphone 6 & iphone 6 Plus teardowns uncover high-limit batteries, modified innards

September-19-2014
Nearing hours after Apple dispatched the iphone 6 and 6 Plus on Friday, repair firms and sites are as of now performing
Untitled-5 copy-163781

Last rundown of Bigg Boss 8 candidates uncovered

September-19-2014
Mumbai: The most famous reality TV show ‘Bigg Boss 8′, facilitated by none however the widely adored Salman Khan will go on
hope-whosoever-comes-to-power-will-manage-country-well-says-indra-nooyi_111113095932

Fortune positions Indra Nooyi third most capable ladies ready to go

September-19-2014
New York: Pepsico’s India-conceived CEO Indra Nooyi has been positioned third most compelling businessperson by Fortune, the main Indian-beginning lady on the
Uddhav_Modi_AP_360

Shiv Sena Warns BJP on Seat-Sharing, Says ‘We Are Not Asking, We Are Giving’

September-19-2014
In the round of brinksmanship that the accomplices of 25 years are playing over seat-imparting for the Maharashtra races, the Shiv Sena
980189ac-ecf3-452c-b7a0-3bdc4f505fcdWallpAutoWallpaper2

Movie Review: Fawad Khan, Kirron Kher attempt yet neglect to spare Khoobsurat

September-19-2014
Sonam Kapoor’s Khoobsurat offering Fawad Khan inverse her, hits theaters on Friday. Touted as a redo of Hrishikesh Mukerhjee’s Khoobsurat (1980), the
children

Fighting Parents Can Hurt Emotional Growth of Children

September-18-2014
Wrangling parents put the enthusiastic development of their youngsters in peril, as indicated by another research by New York University. Conjugal issues