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Sunday, September 14, 2008

Video console sales drop as recession bites game sales also disappoint

microsoft xbox360 gamezplay.orgXbox 360, PS3 and Nintendo Wii sale drop in July

Game sales in August show the lowest sales of the year and console sale have also slowed .

Microsoft Xbox 360 dropped 5% with 195,200 consoles sold PlayStation 3 sales dropped 18% with 185,400 consoles sold the Nintendo Wii sales also dropped 185 to 453,000 units sold in August.

Games sales were expected to rise by 20-25% but only managed a 13% rise this is the lowest since January. 

Games sales had been enjoying almost 50% growth this year but the economic slowdown has hurt video game sales. Nintendo showed the worst sales in six months.

The exception to this downturn was Madden NFL 09 from EA games this American football simulation game,  under the Madden brand name, has sold over 2 million games since launch.

Sale are expected to improve following the Microsoft Xbox 360 price cut this month.

Early report point to a doubling in Xbox 360 sales since the price cut.