While it's clear that nothing is truly recession-proof, video games are doing a heck of a job trying to buck the trend.
that software and hardware combined reached $1.33 billion in revenue for the month, a 13 percent jump over $1.18 billion in January 2008. Nintendo continues to dominate with Xbox 360 making a very impressive showing.
1. Wii Fit (Nintendo, Wii) - 777K
2. Wii Play (Nintendo, Wii) - 415K
3. Mario Kart Wii (Nintendo, Wii) - 292K
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Game sales buck the recession with 13% growth in January
Microsoft Says Xbox 360 is “Recession-Proof” (Meanwhile, MS Stock …
It’s well-known to most everyone that the economy isn’t doing so well these days. But while most people are wondering how this will affect those forced to sell their homes or find new jobs, the video game companies would like you to know that they are doing just fine. Or at least, that’s what they say.
Recently,
vice president and Chief Financial Officer of Microsoft ’s Entertainment and Devices Division, Mindy Mount, commented Continue reading »
Despite a recession, it's time for fun and games
Despite a recession, it's time for fun and games
Xbox 360, Nintendo Wii big holiday hits
Monday, December 15, 2008
A recession may be forcing consumers to tighten their purse strings this holiday season, but that isn't stopping them from reaching for a joystick. While the U.S. retail industry has projected the slowest Christmas sales growth in six years at 2.2 percent, the video game sector has been a reliably bright spot amid the gloom.
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Could the global recession kill PS3, Xbox 360 or Wii?
There’s no disputing the fact that we are now in a global recession, with no country immune from the fallout of the credit crunch and the boom and bust cycle hitting a definite bust. But how will this affect gaming? Could the economic slowdown mean the death for one, or even all, of the home consoles? And what about the next-gen?
Every time you turn on the TV or open a newspaper, you will see or read a story relating to the economy and how Continue reading »