MCV/DEVELOP News, events, research and jobs from the games industry
Nintendo boosts Switch sales forecast for the year from 18 million to 19.5 million
Read More »Nintendo Switch global sales top 52 million
Xbox One game sales to grow 17% to 70m in 2017, thanks to Xbox One X – FutureSource
The global games software market is expected to exceed $100bn in 2017, according to a new report from Futuresource Consulting, with console game sales rising significantly toward the end of the year during Q4. The report estimates that over 20m physical Switch games will be sold this year, while Xbox …
Read More »PS4 install base to hit 69m units worldwide by end of 2017 – IHS
Hot off the back of its E3 press conferenceand the news that PS4 sales have now hit 60.4m worldwide, analyst firm IHS Markit now expects Sony’s unstoppable console to hit 69m units by the end of the year. That’s almost double IHS’ expected install base of the Xbox One, which …
Read More »IHS predicts Project Scorpio price will be £429 in the UK
Project Scorpio will finally get its first public showing at tonight’s Microsoft E3 press conference, and market research firm IHS Markit has predicted that Microsoft’s new machine will cost 429 in the UK. So far, other estimates have pegged the 4K console at around 499, making IHS’ estimation a little …
Read More »Global game revenue to reach $29bn by 2021 – PwC
Worldwide video game revenue will reach $29bn by 2021, according to PwC’s latest global entertainment and media outlook report, which is more than double the revenue made in 2012 ($14bn). PwC says PC games will experience a healthier growth than their console counterparts, partly thanks to therise of eSports, which …
Read More »Sony loss estimates more than quadruple
The PlayStation business may be buoyant, but significant struggles in the mobile sector are causing havoc with Sony’s financials. For the full year ending March 2015 Sony now expects full year losses to reach 230bn (1.3bn). That’s nearly five times greater than its previous estimate of 50bn (286m). It’s the …
Read More »Nintendo losses jump despite 2.82m Mario Kart 8 sales and Wii U boost sales
Q1 has delivered mixed fortunes for the struggling Nintendo. On the positive side Mario Kart 8 has sold 2.82m copies in just over a month, representing an attach rate of over 40 per cent among Wii U oners. And in the quarter ending June 30th Nintendo sold 510k Wii U …
Read More »Nintendo posts third year of losses as Wii U misses targets, expects machine to increase sales in year ahead
Wii U fell just short of Nintendo’s already reduced sales forecasts in Nintendo’s last financial year, leading to a third straight annual loss for the firm. In 2010 Nintendo posted its first ever annual loss, but a repeat in 2013 and yet again in its most recent year makes for …
Read More »Microsoft could reduce Xbox One price "faster than forecasted"
The Xbox One could see a reduction in RRP earlier than previously anticipated, according to one US analyst. "We think ‘winning’ is important to both companies," Wedbush Morgan’s Michael Pachter told investors. "It is possible that Microsoft will reduce Xbox One pricing far faster than we have forecasted. Should hardware …
Read More »DFC predicts GameCube-like sales for Wii U
Another analyst has issued a damning verdict on the future fortunes of Nintendo’s Wii U. GamesIndustry reports that DFC Intelligence analyst David Cole says in an upcoming report that the firm is lowering its lifetime Wii U sales forecasts, predicting that it will struggle to reach a quarter of Wii’s …
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