Where are the gamers going?
Video game sales down 8 percent in March: NPD
LOS ANGELES (Reuters) - U.S. video game sales declined for the seventh straight month in March, falling 8 percent to $499 million, amid a rocky move to new console technology, market research firm NPD Group said on Tuesday. ...
Hardware sales fell 31 percent in March to $220 million, on weakened sales of current generation consoles like the original Xbox, Sony Corp (NYSE:SNE - news).'s PlayStation 2 and Nintendo Co. Ltd's GameCube.
Sony's new PlayStation 3 and Nintendo's Revolution are slated to hit stores later this year.
Hard-core gamers, who are first to pick up new systems, are delaying other purchases ahead of the Sony and Nintendo console releases.
The new technology has nothing to do with it. Did anyone notice that video games sales started to decline about the time MySpace.com started to boom?
The core gaming market is now spending their time searching myspace for elicit pictures of their classmates. Who needs WoW when you can have WOW!?
