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U.S. video game sales up in 2005, masking risks
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Title: U.S. video game sales up in 2005, masking risks

Essay Details:

Subject: Technology
Author: Edward U
Date: September 13, 2016
Level: University
Grade: A
Length: 1 / 289

Essay text:

The 2005 result beat a previous high of $10.3 billion in 2002. But an analyst said it does not reflect the volatility spawned by the industry's move to new console technology, which is dampening sales as consumers wait and save for next-generation machines and games. Combined unit sales of Sony's PlayStation 2, Microsoft Corp.'s original Xbox and Nintendo's GameCube current-generation consoles fell more than 19 percent to 33.5 million in 2005, Wedbush Morgan Securities analyst Michael Pachter told Reuters. He added that total console and hand-held game unit sales were 190.3 million in the United States in 2005, down 6...

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