Visit BannerWitcoff.com
The following Reuters release provides more evidence that the video game industry continues to increase its market share. A company's intellectual property in its video games can provide critical legal protection to establish a foothold in such a large industry.

-----------------------------------------------------

U.S. Video Game Sales Up 32 Pct in March: Analysts
Fri Apr 15, 2005 11:52 AM ET

LOS ANGELES (Reuters) - Video game sales rose 32 percent in the United States in March, analysts said on Friday, noting Sony Corp's top-selling "Gran Turismo 4" racing game as well as an improved supply of console hardware.

Citing figures from market researchers NPD Group, analysts also said Sony Corp.'s new PlayStation Portable handheld gaming unit sold 620,000 units of hardware in the month and 1.1 million pieces of software. The PSP was released on March 24.

By comparison, Nintendo Co. Ltd.'s DS dual-screen handheld has sold 428,000 units this year, analysts said, quoting NPD. The DS, which costs $100 less than the PSP, launched last year.

The supply of Sony's PlayStation 2 console continued to improve, analysts said, with 495,000 sold in the month, compared with 227,000 units of Microsoft Corp.'s Xbox and 94,000 units of Nintendo's GameCube.

Microsoft has acknowledged the Xbox is in short supply, which some retailers fear may continue through the year as the company prepares to launch its next-generation console, most likely around the holidays.

"Gran Turismo 4" led game sales in the month, with more than 532,000 units sold, followed by the value-priced "MVP Baseball 2005" from Electronic Arts Inc. at just under 338,000 units.

Most analysts expect U.S. software sales to grow about 5 percent in 2005, driven by growing sales for handheld devices like the PSP and DS.
< Previous     Home     Next >

Get the Patent Arcade App

Get the Patent Arcade App
Available now for iOS

Search This Blog


Recognition

Buy your copy today!

Buy your copy today!
ABA Legal Guide, 2d Ed.

Ross Dannenberg

Scott Kelly

Scott Kelly

Labels

Archives

Blogroll

Data Analytics

Copyright ©2005–present Ross Dannenberg. All rights reserved.
Visit BannerWitcoff.com