Analysts Foresee Another Banner Year For Videogame Industry

Analysts observing the videogame industry forsee 2008 being another blockbuster year in sales. Sales during the month of February were considerably up, according to the NPD group. Early in the year is historically a very slow time in the game sales calendar, making the 34% jump for the month highly significant. Grand Theft Auto IV is likely to be an engine for sales throughout the year: "The game, which will be available on the Xbox 360 and Sony Corp.'s PlayStation 3, is expected to boost sales of both consoles. Pre-orders have been better than expected, according to its publisher, Take-Two Interactive Software Inc. Michael Pachter, an analyst with Wedbush Morgan, expects the game to sell about 9 million units during the company's fiscal year, which ends in October. Roughly 6 million of this, he added, will be to Xbox 360 owners."

Comments

Re:Economic Conditions

[7Prime]

interesting point. Watch as movie theater revenues plummit and game sales sky rocket. Average movie length: 2 hours. Average game length: 30-50 hours. Which is the more ecconomical entertainment medium? Games, by a long shot. Less trips to Blockbuster or the Cinemaplex means less money wasted on gas.

Re:Could be

[twistedsymphony]

1. Cost.

On a size for size comparison, meaning 32" SD vs 32" HD HDTVs really arn't any more expensive than good quality SDTVs were about 5-10 years ago, it's just that SDTV prices have dropped to help get them off the shelves and most people look at much larger screens when looking at HDTV.

2. Standard definition picture quality.

That all depends on if you know what you're doing/what you're buying. While I'll conceed that joe consumer doesn't really understand the technology if you buy an HDTV with a Faroudja DCDi processor, or a stand alone up converter, (Oppo also makes DVD players with this processor) then your SDTV content will never have looked better. Most people don't factor that in when looking for a TV though.

3. Cost of content.

That all depends on what kind of content you're viewing. All current generation games cost exactly the same whether you view them in SD or HD, and even the Wii can benifit from HDTV since it supports progressive scan and widescreen. Similarly most DVD content is also progressive scan and widescreen and with a good scaler like the aforementioned Faroudja in either your player or your TV will create a better picture than your SDTV tube is capable of. While the prices of Blu-Ray movies is a bit more than DVDs, you can usually find them for the same price if you shop around, it also doesn't usually cost any more to rent one over the other, at least not at any of the places I've seen.

4. Amount of content.

with the exception of the Wii all new video game content is HD, and as stated before with the right processor you'll get a better picture for SD broadcasts, DVDs, and other SD content. There are thousands of DVDs and last generation games that suppored EDTV (progressive scan/widescreen) that were not able to reach their full graphical potential on SD sets but CAN be fully realized on an HDTV. Becides most new movies and popular older movies are arriving on Blu-Ray and available through numerous download on-demand services, not to mention most of the popular TV stations (NBC, ABC, CBS, etc.) as well as most of the premium stations (HBO Stars, Cinemax, etc.) are broadcasting in HD now too, and it's only getting better as time goes on.

5. Cost of accessories.

like what exactly? the rental fee for a DVR from my cable provider is the same if it's SD or HD, as far as cables go the difference between RCA interconnects and HDMI is inconsequential as long as you're comparing similar quality products and not cheapo RCAs to rip-off Monster HDMIs. Go hit up monoprice if you don't believe me

6. The fact that I already own an SDTV.

You got me there, but I've yet to find any new technology that I was able to own without buying it.

Ultimately, not everyone is you, and not everyone has the same needs as you. I'm sure there are quite a few people who don't need or want an HDTV or HD content, but I know I personally don't watch TV but instead play video games, and I have over 400 DVD movies in my collection all supporting progressive scan and widescreen. My display is a projector in a home theater room and when I made the jump from an ED projector to an HD projector the difference was night and day... the HD projector I bought didn't cost any more than the ED projector when I bought it 3 years before, all of my old content looked far and wide better (because I specifically bought a projector that uses a Faroudja DCDi) and the Xbox 360 and Wii games that I had been playing already looked much better. I don't have a Blu-Ray player, but I do rent HD movies through the Xbox Live marketplace... Of course I also place a high value on the fidelity of my picture and sound.