SchaeffersResearch.com Poll
Which next-gen game system do you own?
The latest figures on videogame sales are in, and it confirms suspicions leftover from my college years: despite rising gas and food costs, gamers will find a way to buy the most sought-after videogame titles. Citing a report from the U.S. NPD Group, Silicon Alley Insider states that videogame revenue grew 41% year-over-year in May, while unit sales increased 22% year-over-year, according to U.S. NPD Group data. I would also suspect that sales of Ramen noodles and Kraft (KFT) Macaroni and Cheese (TM) also spiked due to the diversion of funds from food to games.
So, which game took top honors? According to Goldman Sachs analyst Mark Wienkes, Take-Two Interactive Software's
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Grand Theft Auto IV was "especially strong." The game contributed to 12% of the industry's revenue growth, Wienkes states. However, Nintendo
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still holds the top spot in the industry, snatching up a 31% market share in May with 6 of the top 10 games. If only NTDOY's Wii system had the horsepower to run GTA IV in addition to its current blockbuster titles Wii Fit and Mario Kart Wii, we might have been able to officially declare the next-gen consol wars over.
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