U.S. Video Game Sales Down 10% in May

Posted by ryuzaki0 on Friday June 9, 2006 @08:56AM from the stiff-upper-lip dept.

kukyfrope writes "After a strong 15.5% increase in U.S. video game sales in April 2006, May has gone the other way, posting sales numbers 10% below those of May 2005. Xbox 360 game sales and console sales alone slumped 37% and 25% respectively, but despite these declines, annual year-to-date game sales are only down 5%. Even so, analysts are not surprised, citing the transition from current-gen to next-gen systems as a dip in the market. 'We expect U.S. video game software dollar sales to decline 4% in 2006. We think that the transition is only partially complete, and believe that several bumps in the road [still] lie ahead,' said Wedbush Morgan Securities analyst Michael Pachter."

1 of 45 comments (clear)

Min score:

Reason:

Sort:

I'm doing something I've never done.... by fujiman · 2006-06-09 09:08 · Score: 5, Interesting

I'm planning out my game purchases. I have a 360, and love it, but the price of games is at the point where I'm planning out every purchase. I think I'll only do 3 to 4 games a year at this rate.
Live Arcade is a different story, I'll probably buy a dozen of those.
By comparison, I bought around 10 to 15 Gamecube games a year over the past few years. It's hard to imagine with cheapies like me around, how Sony and MS will make alot of money on AAA titles. I'm waiting until Oblivion goes down to 30 bucks, after shipping, new, on ebay.