Video Games Sales Keep Growing

We reported that video games and consoles enjoyed a great holiday season. Well the drum beat just keeps on the for the video game market. Americans bought $445 million worth of video game hardware during the month of January, this is a 17% increase from last year. Nintendo was out in front of a 13% growth. The Nintendo Wii had another 679,200 units sold, followed by the handheld Nintendo DS with 510,800 units. The Xbox 360 from Microsoft sold 309,000 units and the PlayStation 3 from Sony sold 203,200 units. This of course brings software sales along as well which climbed 10%. Nintendo had a great month here as well moving 777,000 Wii Fit making it the top selling software for the month. We are not sure if there is more than two things at play. When you see numbers like this you can usually bring it local. We do know many families who have gotten a Wii over the last six months, so it makes sense the amount of units being sold and the Wii Fit seems to be hand in hand. The other thing is with people not going out as much and maybe where the whole family can play the Wii this might replace a family night at the movies, bowling or trips to the mall.

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I’ll take a nicotine, caffine, sugar fix Jesus don’t ya git tired of turnin’ tricks
But when your innocence dies You’ll find the blues
Seems all our heroes were born to lose
W. Axl Rose Right Next Door to Hell (1991)

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