Wednesday, April 23, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Travelling Through Time On Updated Google Maps
OnePlus One To Launch Next Month
LG Display Reports First Quarter Results
Toshiba Announces Canvio AeroMobile Wireless SSD
Global Chip Revenue Rises in 2013
Google Spent $3.82 Million Lobbying In First Quarter
Intel To Release Bay Trail-Entry Chip For Budget Tablets
Toshiba, SanDisk Mass Produce 15nm NAND flash Memory
Active Discussions
help questions structure DVDR
Made video, won't play back easily
Questions durability monitor LCD
Questions fungus CD/DVD Media, Some expert engineer in optical media can help me?
CD, DVD and Blu-ray burning for Android in development
IBM supercharges Power servers with graphics chips
Werner Vogels: four cloud computing trends for 2014
Video editing software.
 Home > News > Optical Storage > Games c...
Last 7 Days News : SU MO TU WE TH FR SA All News

Wednesday, November 26, 2003
Games console sales in downward spiral


Video game console sales for 2003 will drop dramatically despite the games market enjoying more success last year than US box office receipts, market researchers have warned.

In-Stat/MDR predicts that the industry is entering the downward spiral of a cyclical trend which will see 2003 shipments and revenues fall from 2002 levels.

Worldwide console shipments in 2003 will drop by more than two million units from those in 2002, with lower numbers of PlayStation 2 (PS2) and PSOne console shipments being primarily responsible for the drop-off, the analyst said.

Both Nintendo GameCube and Microsoft Xbox shipments are expected to increase in 2003, but not enough to offset the reduced Sony shipments.

Console revenues are expected to fall as well - by nearly $2bn - with both price cutting and lower shipment numbers responsible for the drop.

In-Stat/MDR senior analyst Brian O'Rourke said: "We expect all three competitors to release their next-generation consoles in the second half of 2005 when this market will trend upward again, with revenue levels reaching those of 2002 in about 2006."

Sony shipped its 60 millionth PS2 console in September, a number the analyst does not expect the Microsoft Xbox and Nintendo GameCube to reach.

Over the past year, Microsoft has successfully established the Xbox as the number two console worldwide, surpassing the Nintendo GameCube.


Previous
Next
Pioneer expects revenue to rise over 10% next year        All News        Pioneer expects revenue to rise over 10% next year
Pioneer expects revenue to rise over 10% next year     Optical Storage News      Pioneer expects revenue to rise over 10% next year

Source Link Get RSS feed Easy Print E-Mail this Message

Related News
Xbox One Wolrdwide Sales Cross 5 million
April's Xbox One System Update Begins Rolling Out
GoPro Launching on Xbox 360 And YouTube Update Coming on Xbox One
New Xbox One Update Focuses On TV Tools
Updated User Reputation System Coming On Xbox One
Thrustmaster Unveils New Wheel For Xbox One
Xbox One To Get New Features In April
Xbox One Closes Sales Gap With PlayStation 4
Titanfall Now Available on Xbox One
Xbox One March System Update Rolling Out Today
Project Spark Beta Released on Xbox One
Twitch Broadcasting Coming On Xbox One March 11th

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2014 - All rights reserved -
Privacy policy - Contact Us .