Speaking to an audience at the Bank of America Merrill Lynch 2010 Media, Communications & Entertainment Conference, EA boss John Riccitiello has outlined EA’s role in the critical decline of Need for Speed – but also asserted that the series is once again in pole position. If you went back …
Read More »Digital passes boxed in PC games market
A new report from American stat analysis group NPD suggests that the value of digital PC games market is now far greater than the boxed sector. The numbers claims that 11.2m PC games were purchased in North America between January and June 2010. In the same period just 8.2m boxed …
Read More »Online multiplayer driving sales decline
The legions of fans continuing the play the online segments of titles such as Modern Warfare 2, Bad Company 2, Gears of War 2, Halo 3 and FIFA 10 remains the main reason why the global games industry continues to suffer year-on-year sales declines, according to analyst Michael Pachter. Furthermore, …
Read More »PC Champ Man on hold
The decline of the boxed PC games market has claimed one of its most high-profile casualties yet with news that the PC arm of famed football management series Championship Manager has been put on hold”. Instead, developer Beautiful Game Studios is to focus on expanding the series into growing markets …
Read More »NPD: June market fails to sparkle
The US video games market suffered yet another year-on-year decline in June, with its $1.1bn worth of sales representing a six per cent year-on-year decline. The falls come despite an impressive display from Xbox 360. The launch of the slimmed down Xbox 360 S saw hardware sales surge to 451.7k …
Read More »Pachter: Industry in permanent decline
We expect investors to remain spooked by the May results, as they are beginning to reinforce the notion that the video game industry is in a state of persistent secular decline.” That’s the somewhat startling assessment of famed games analyst Michael Pachter in light of further declines in the US …
Read More »Pre-owned blamed for market decline
The growing trade in pre-owned games is the driving force behind the High Street’s struggle to combat year-on-year declines in video games sales, according to a report by analyst group Cowen and Company. The study compares the current hardware userbase of the PS3 and Xbox 360, which it claims at …
Read More »UK Wii sales down 45.1% year-on-year
An analysis of the UK video games market by Nick Parker claims that UK hardware unit sales of Nintendo’s Wii are down 45.1 per cent for the year-to-date ending March 31st 2010. In fact, every piece of games hardware on the market is down, with PSP (-44.7 percent), DS (-35.9 …
Read More »Annual falls for Nintendo
Nintendo has reported an 18 per cent decline in net income for the year ending March 31st 2010 at $2.45bn. Revenue was $1.53bn – a decline of 22 per cent. It’s Nintendo’s first full-year annual decline in six years, but is also the third most profitable year in the company’s …
Read More »NPD: February sales slump 15%
The value of the video games market in the US fell 15 per cent year-on-year in February to $1.28bn – a number that has surprised even NPD itself. The year to date market value stands at $2.42bn, a 14 per cent decline compared to 2009. The industry realised another month …
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